Sampo Oyj (OTCMKTS:SAXPF – Get Free Report) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 3,250,611 shares, a drop of 41.0% from the June 30th total of 5,506,396 shares. Based on an average trading volume of 143 shares, the days-to-cover ratio is presently 22,731.5 days.
Sampo Oyj Stock Performance
Shares of SAXPF opened at $10.86 on Friday. Sampo Oyj has a fifty-two week low of $9.80 and a fifty-two week high of $11.75. The stock has a fifty day moving average of $10.49 and a two-hundred day moving average of $10.68.
Sampo Oyj Company Profile
Sampo Oyj is a Finnish financial services company headquartered in Helsinki, primarily engaged in insurance operations. The group’s core business centres on property and casualty insurance through its main subsidiary, If P&C Insurance, which serves customers across the Nordic countries and the Baltic region. If P&C offers a comprehensive range of products covering personal and commercial lines, including motor, home, liability and marine insurance, supported by a network of local offices and digital service channels.
In addition to property and casualty underwriting, Sampo maintains a life insurance and wealth management arm via Mandatum Life, which provides unit-linked life and pension insurance products, investment funds and private banking services.
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