MS&AD Insurance Group Holdings, Inc. (OTCMKTS:MSADY) Short Interest Update

MS&AD Insurance Group Holdings, Inc. (OTCMKTS:MSADY) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 2,600 shares, a decline of 76.1% from the February 29th total of 10,900 shares. Based on an average daily volume of 156,000 shares, the days-to-cover ratio is currently 0.0 days.

MS&AD Insurance Group Stock Up 1.1 %

Shares of MSADY stock traded up $0.30 during mid-day trading on Wednesday, hitting $27.05. 164,301 shares of the stock traded hands, compared to its average volume of 193,112. The stock’s fifty day moving average is $23.33 and its two-hundred day moving average is $20.42. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.28 and a quick ratio of 0.26. MS&AD Insurance Group has a 52-week low of $15.13 and a 52-week high of $28.07. The stock has a market cap of $28.69 billion, a P/E ratio of 11.45 and a beta of 0.43.

MS&AD Insurance Group shares are going to split on Tuesday, April 2nd. The 1.5-1 split was announced on Tuesday, April 2nd. The newly minted shares will be issued to shareholders after the closing bell on Tuesday, April 2nd.

MS&AD Insurance Group (OTCMKTS:MSADY) last issued its quarterly earnings data on Wednesday, February 14th. The insurance provider reported $1.24 EPS for the quarter. MS&AD Insurance Group had a return on equity of 9.47% and a net margin of 5.71%. The firm had revenue of $8.93 billion during the quarter. Equities analysts predict that MS&AD Insurance Group will post 1.7 EPS for the current year.

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.