Sampo Oyj (OTCMKTS:SAXPY) Sees Significant Growth in Short Interest

Sampo Oyj (OTCMKTS:SAXPY) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totalling 53,000 shares, an increase of 314.1% from the September 30th total of 12,800 shares. Based on an average daily volume of 48,300 shares, the days-to-cover ratio is presently 1.1 days.

Sampo Oyj Price Performance

Sampo Oyj stock traded up $0.08 during midday trading on Friday, reaching $21.89. 17,219 shares of the company were exchanged, compared to its average volume of 37,604. The company has a market capitalization of $21.96 billion, a price-to-earnings ratio of 14.49 and a beta of 0.92. The firm’s 50-day simple moving average is $22.64 and its 200-day simple moving average is $21.82. Sampo Oyj has a 1 year low of $19.06 and a 1 year high of $23.61. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.32 and a current ratio of 0.32.

Sampo Oyj (OTCMKTS:SAXPY) last posted its quarterly earnings data on Wednesday, August 7th. The financial services provider reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.08. On average, analysts anticipate that Sampo Oyj will post 1.27 EPS for the current year.

About Sampo Oyj

Sampo Oyj, together with its subsidiaries, engages in the provision of non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, and the United Kingdom. The company operates through If, Topdanmark, Hastings, Mandatum, and Holding segments. It offers property, casualty, liability, accident, sickness, household, homeowner, motor, travel, marine, aviation, transport, forest, livestock, health, workers compensation, car, van, and bike insurance services, as well as reinsurance services.