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

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

Sampo Oyj Stock Performance

Shares of SAXPY stock traded up $0.08 during trading hours on Friday, hitting $21.89. The stock had a trading volume of 17,219 shares, compared to its average volume of 37,604. The firm has a market capitalization of $21.96 billion, a PE ratio of 14.49 and a beta of 0.92. Sampo Oyj has a twelve month low of $19.06 and a twelve month high of $23.61. The stock’s 50 day moving average is $22.64 and its 200 day moving average is $21.82. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.32 and a quick 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 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.08. As a group, research analysts forecast that Sampo Oyj will post 1.27 earnings per share for the current fiscal 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.