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

MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 52,227 shares, a drop of 34.8% from the May 31st total of 80,062 shares. Based on an average daily trading volume, of 184,214 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are short sold.

MS&AD Insurance Group Stock Up 2.7%

MSADY stock opened at $26.75 on Thursday. MS&AD Insurance Group has a 52-week low of $19.85 and a 52-week high of $30.44. The company’s 50 day simple moving average is $26.96 and its 200-day simple moving average is $26.06. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.25 and a quick ratio of 0.25. The firm has a market capitalization of $39.92 billion, a P/E ratio of 7.56 and a beta of 0.34.

MS&AD Insurance Group Company Profile

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.