Sampo PLC (OTCMKTS:SAXPY) Sees Large Growth in Short Interest

Sampo PLC (OTCMKTS:SAXPY) was the recipient of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 17,167 shares, an increase of 177.0% from the October 15th total of 6,198 shares. Based on an average trading volume of 154,987 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Sampo Stock Performance

SAXPY opened at $22.17 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.29 and a quick ratio of 0.29. The company has a market capitalization of $117.75 billion, a price-to-earnings ratio of 17.40 and a beta of 0.35. Sampo has a 1 year low of $19.35 and a 1 year high of $24.43. The business’s 50-day moving average price is $20.89 and its two-hundred day moving average price is $21.38.

Sampo (OTCMKTS:SAXPY) last announced its earnings results on Wednesday, November 4th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.32. The firm had revenue of $2.67 billion during the quarter, compared to analyst estimates of $2.68 billion. Equities analysts expect that Sampo will post 1.23 EPS for the current fiscal year.

About Sampo

Sampo Oyj is a Finnish insurance group headquartered in Helsinki. Founded in 1909, the company has shifted its focus over time toward property and casualty insurance and now serves customers in the Nordic region and the United Kingdom. Its businesses include If, which provides insurance across the Nordic countries and the Baltic region; Topdanmark, which operates in Denmark; and Hastings, a UK-focused insurer. Their offerings include motor, home, travel, personal and commercial insurance products.