Sompo Holdings, Inc. (OTCMKTS:SMPNY) Sees Significant Growth in Short Interest

Sompo Holdings, Inc. (OTCMKTS:SMPNY) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 130,300 shares, a growth of 362.1% from the December 15th total of 28,200 shares. Based on an average daily volume of 86,900 shares, the days-to-cover ratio is currently 1.5 days.

Sompo Stock Performance

Shares of OTCMKTS SMPNY traded up $0.06 during mid-day trading on Monday, hitting $12.61. The company had a trading volume of 36,378 shares, compared to its average volume of 51,483. Sompo has a 12 month low of $8.40 and a 12 month high of $14.30. The stock has a market cap of $24.98 billion, a price-to-earnings ratio of 9.43 and a beta of 0.59. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.11 and a quick ratio of 0.11. The firm’s 50 day simple moving average is $12.76 and its two-hundred day simple moving average is $11.63.

Sompo Company Profile

Sompo Holdings, Inc provides property and casualty (P&C) insurance services in Japan and internationally. The company operates through Domestic P&C Insurance Business, Overseas Insurance Business, Domestic Life Insurance Business, and Nursing Care & Seniors Business segments. It offers various P&C insurance products, including automobile, fire, personal accident, and marine, as well as security, risk management, assistance, and warranty services; and life insurance products.