Short Interest in MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY) Drops By 40.1%

MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY) was the recipient of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 31,283 shares, a drop of 40.1% from the June 15th total of 52,227 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 193,375 shares, the short-interest ratio is currently 0.2 days.

MS&AD Insurance Group Trading Down 0.3%

MS&AD Insurance Group stock traded down $0.07 during trading on Thursday, hitting $28.03. The company had a trading volume of 60,459 shares, compared to its average volume of 87,095. The stock has a market cap of $41.83 billion, a price-to-earnings ratio of 7.92 and a beta of 0.35. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.21. MS&AD Insurance Group has a 1-year low of $19.85 and a 1-year high of $30.44. The company’s 50 day simple moving average is $27.50 and its 200-day simple moving average is $26.33.

About MS&AD Insurance Group

MS&AD Insurance Group (OTCMKTS:MSADY) is a Tokyo-based insurance holding company that operates primarily in property and casualty insurance while also offering life, reinsurance and risk management services. The group underwrites a broad range of commercial and personal insurance products designed to protect against motor, fire, marine, casualty, liability and specialty risks, and it provides related services such as claims handling, underwriting, and loss-prevention consulting.

The group’s operating structure comprises multiple subsidiaries that serve distinct market functions, including well-known domestic insurers such as Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance, along with affiliated businesses that provide reinsurance, asset management and risk consulting services.