Sampo Oyj (OTCMKTS:SAXPF) Sees Significant Drop in Short Interest

Sampo Oyj (OTCMKTS:SAXPF – Get Rating) was the target of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 308,200 shares, a drop of 20.6% from the March 15th total of 388,200 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is currently 256.8 days.

OTCMKTS:SAXPF opened at $50.58 on Tuesday. Sampo Oyj has a 1 year low of $42.31 and a 1 year high of $53.50. The business has a 50 day simple moving average of $48.63 and a 200-day simple moving average of $49.77.

Sampo Oyj Company Profile (Get Rating)

Sampo Oyj, through its subsidiaries, provides life and non-life insurance products and services in Finland, Sweden, Norway, Denmark, and the Baltic countries. It operates through If, Topdanmark, Mandatum, and Holding segments. The company offers household, homeowner, motor, accident, travel, boat, forest, livestock, property, casualty, liability, casualty, and cargo insurance.

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