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

by · The Cerbat Gem

Sompo Holdings, Inc. (OTCMKTS:SMPNY – Get Free Report) was the target of a large decline in short interest in November. As of November 15th, there was short interest totalling 7,600 shares, a decline of 76.4% from the October 31st total of 32,200 shares. Based on an average daily volume of 98,300 shares, the short-interest ratio is presently 0.1 days.

Sompo Stock Up 1.3 %

OTCMKTS:SMPNY traded up $0.17 during mid-day trading on Wednesday, hitting $12.82. The company had a trading volume of 22,029 shares, compared to its average volume of 51,929. Sompo has a 1 year low of $7.53 and a 1 year high of $13.09. The business has a fifty day simple moving average of $11.28 and a 200-day simple moving average of $10.94. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $25.40 billion, a price-to-earnings ratio of 9.46 and a beta of 0.54.

Sompo Company Profile

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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.

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