MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY) Sees Large Drop in Short Interest

MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 2,945 shares, a drop of 90.6% from the June 30th total of 31,283 shares. Based on an average daily trading volume, of 148,518 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

MS&AD Insurance Group Stock Up 2.5%

Shares of MS&AD Insurance Group stock traded up $0.73 during trading hours on Friday, reaching $30.05. 45,825 shares of the company were exchanged, compared to its average volume of 73,354. MS&AD Insurance Group has a 1 year low of $19.85 and a 1 year high of $30.44. The stock’s fifty day moving average is $27.75 and its 200 day moving average is $26.57. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.25 and a current ratio of 0.25. The firm has a market cap of $44.85 billion, a PE ratio of 8.49 and a beta of 0.35.

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.