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

Sampo Oyj (OTCMKTS:SAXPF) was the target of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 521,100 shares, a decrease of 26.5% from the December 15th total of 709,400 shares. Based on an average trading volume of 300 shares, the short-interest ratio is presently 1,737.0 days.

Sampo Oyj Stock Performance

SAXPF remained flat at $40.80 during midday trading on Wednesday. Sampo Oyj has a 12-month low of $40.60 and a 12-month high of $45.39. The company’s fifty day simple moving average is $42.23 and its two-hundred day simple moving average is $43.30.

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.