MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY – Get Free Report) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 26,248 shares, an increase of 791.3% from the July 15th total of 2,945 shares. Based on an average trading volume of 126,453 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.
MS&AD Insurance Group Stock Down 0.2%
MSADY stock traded down $0.07 during midday trading on Tuesday, hitting $30.27. The company’s stock had a trading volume of 59,566 shares, compared to its average volume of 57,882. The company’s fifty day moving average price is $28.56 and its 200 day moving average price is $27.07. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.25 and a quick ratio of 0.25. MS&AD Insurance Group has a twelve month low of $19.85 and a twelve month high of $31.39. The stock has a market capitalization of $45.18 billion, a P/E ratio of 8.55 and a beta of 0.33.
About MS&AD Insurance Group
MS&AD Insurance Group (OTCMKTS:MSADY) is a Tokyo-based insurance holding company that operates primarily in property and casualty insurance while also offering life, reinsurance and risk management services. The group underwrites a broad range of commercial and personal insurance products designed to protect against motor, fire, marine, casualty, liability and specialty risks, and it provides related services such as claims handling, underwriting, and loss-prevention consulting.
The group’s operating structure comprises multiple subsidiaries that serve distinct market functions, including well-known domestic insurers such as Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance, along with affiliated businesses that provide reinsurance, asset management and risk consulting services.
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