MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY) Sees Large Growth in Short Interest

MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 223,000 shares, a growth of 193.0% from the September 30th total of 76,100 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 606,600 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 606,600 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are sold short.

MS&AD Insurance Group Price Performance

MSADY stock opened at $20.84 on Thursday. The company has a fifty day moving average price of $22.80 and a 200-day moving average price of $22.49. The company has a market capitalization of $33.52 billion, a P/E ratio of 6.68 and a beta of 0.38. MS&AD Insurance Group has a 52-week low of $17.78 and a 52-week high of $25.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.24 and a current ratio of 0.24.

MS&AD Insurance Group (OTCMKTS:MSADY) last announced its earnings results on Friday, August 8th. The insurance provider reported $0.96 earnings per share for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.04). MS&AD Insurance Group had a return on equity of 16.56% and a net margin of 10.57%.The firm had revenue of $13.98 billion for the quarter, compared to the consensus estimate of $12.90 billion. MS&AD Insurance Group has set its FY 2025 guidance at 2.670-2.670 EPS. As a group, equities analysts expect that MS&AD Insurance Group will post 2.95 EPS for the current year.

About MS&AD Insurance Group

MS&AD Insurance Group Holdings, Inc, an insurance holding company, provides insurance and financial services worldwide. The company offers domestic non-life insurance; life insurance; international business; financial services; and provides risk-related services. The company was formerly known as Mitsui Sumitomo Insurance Group Holdings, Inc and changed its name to MS&AD Insurance Group Holdings, Inc in April 2010.