Sampo Oyj (OTCMKTS:SAXPF) Sees Large Decrease in Short Interest

Sampo Oyj (OTCMKTS:SAXPF) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 2,856,500 shares, a decline of 29.3% from the February 28th total of 4,042,400 shares. Based on an average trading volume of 113,600 shares, the days-to-cover ratio is presently 25.1 days.

Sampo Oyj Price Performance

OTCMKTS:SAXPF remained flat at $10.00 during trading hours on Tuesday. Sampo Oyj has a 1-year low of $8.04 and a 1-year high of $11.35. The company’s fifty day simple moving average is $18.78 and its 200 day simple moving average is $34.62.

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.