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

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

Sampo Oyj Stock Performance

Shares of SAXPF traded up $0.50 during trading on Friday, reaching $10.00. The company’s stock had a trading volume of 3,400 shares, compared to its average volume of 30,062. The company has a fifty day moving average of $19.39 and a two-hundred day moving average of $34.94. Sampo Oyj has a twelve month low of $8.04 and a twelve month high of $11.35.

Sampo Oyj Company Profile

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.