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

Sampo Oyj (OTCMKTS:SAXPF) was the target of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 4,042,400 shares, an increase of 36.9% from the February 13th total of 2,952,700 shares. Based on an average daily volume of 6,000 shares, the days-to-cover ratio is presently 673.7 days.

Sampo Oyj Stock Performance

Sampo Oyj stock remained flat at $9.25 during trading hours on Friday. The firm’s fifty day moving average price is $25.64 and its 200-day moving average price is $37.44. Sampo Oyj has a 1 year low of $8.04 and a 1 year 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.