Kansas City Life Insurance Co. (OTCMKTS:KCLI) Sees Large Decline in Short Interest

Key Points

• Kansas City Life Insurance Co. saw a **50% decline** in short interest in September, with totals dropping from **200 shares to 100 shares**.
• The company's stock increased **0.5%** to **$32.25**, with a market capitalization of **$312.18 million** and a P/E ratio of **-8.33**.
• Kansas City Life Insurance announced a quarterly dividend of **$0.14**, yielding **1.7%**, despite a **negative net margin** of **7.77%**.

Kansas City Life Insurance Co. (OTCMKTS:KCLI - Get Free Report) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 100 shares, a decrease of 50.0% from the August 31st total of 200 shares. Based on an average daily trading volume, of 2,800 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 2,800 shares, the short-interest ratio is presently 0.0 days.

Kansas City Life Insurance Stock Up 0.5%

OTCMKTS KCLI traded up $0.15 during trading hours on Friday, hitting $32.25. The company's stock had a trading volume of 1,550 shares, compared to its average volume of 707. The stock has a fifty day moving average of $33.57 and a 200 day moving average of $31.49. Kansas City Life Insurance has a twelve month low of $27.45 and a twelve month high of $36.67. The firm has a market capitalization of $312.18 million, a P/E ratio of -8.33 and a beta of 0.49.

Kansas City Life Insurance (OTCMKTS:KCLI - Get Free Report) last announced its quarterly earnings data on Friday, August 1st. The financial services provider reported $0.77 earnings per share for the quarter. Kansas City Life Insurance had a negative net margin of 7.77% and a negative return on equity of 0.31%. The business had revenue of $122.30 million for the quarter.

Kansas City Life Insurance Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 13th. Shareholders of record on Thursday, August 7th were issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 1.7%. Kansas City Life Insurance's dividend payout ratio (DPR) is presently -14.47%.

About Kansas City Life Insurance

Kansas City Life Insurance Company provides insurance products and services in states and the District of Columbia. It operates through three segments: Individual Insurance, Group Insurance, and Old American. The Individual Insurance segment consists of individual insurance products for Kansas City life, Grange life, and the assumed reinsurance transactions.

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