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 31st, there was short interest totalling 31,800 shares, a growth of 181.4% from the October 15th total of 11,300 shares. Based on an average daily trading volume, of 57,400 shares, the days-to-cover ratio is presently 0.6 days.

MS&AD Insurance Group Stock Performance

Shares of MSADY stock opened at $23.54 on Wednesday. The business has a fifty day moving average of $22.96 and a 200 day moving average of $21.77. MS&AD Insurance Group has a 1 year low of $11.82 and a 1 year high of $24.74. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.26 and a quick ratio of 0.26. The firm has a market capitalization of $37.86 billion, a price-to-earnings ratio of 15.75 and a beta of 0.50.

MS&AD Insurance Group Company Profile

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.