Kansas City Life Insurance Co. (OTCMKTS:KCLI) Sees Significant Growth in Short Interest

Key Points

• Short interest surged 984.4% in March to 488 shares as of March 31, though this equals a 0.1-day short-interest ratio and effectively 0.0% of shares outstanding.
• Shares traded down to $31.55 (down $0.65) on volume of 7,343—well above the average 1,604—while the company has a market cap of $305.4M and a 12-month range of $27.45–$36.49.
• In the most recent quarter Kansas City Life reported EPS of $0.10 on $121.53M revenue, with a negative net margin of -4.54% but a positive return on equity of 2.19%.

Kansas City Life Insurance Co. (OTCMKTS:KCLI - Get Free Report) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totaling 488 shares, a growth of 984.4% from the March 15th total of 45 shares. Based on an average daily volume of 3,631 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Kansas City Life Insurance Stock Performance

Kansas City Life Insurance stock traded down $0.65 during midday trading on Friday, hitting $31.55. 7,343 shares of the company's stock were exchanged, compared to its average volume of 1,604. Kansas City Life Insurance has a 12-month low of $27.45 and a 12-month high of $36.49. The stock has a market cap of $305.40 million, a price-to-earnings ratio of -13.84 and a beta of 0.45. The firm's 50 day simple moving average is $32.48 and its 200 day simple moving average is $32.23.

Kansas City Life Insurance (OTCMKTS:KCLI - Get Free Report) last issued its quarterly earnings data on Monday, March 9th. The financial services provider reported $0.10 earnings per share (EPS) for the quarter. The company had revenue of $121.53 million for the quarter. Kansas City Life Insurance had a negative net margin of 4.54% and a positive return on equity of 2.19%.

About Kansas City Life Insurance

Kansas City Life Insurance Company, trading under the symbol KCLI, is a publicly held life insurer founded in 1895 and headquartered in Kansas City, Missouri. With more than a century of operations, the company has established itself as a provider of life insurance and retirement products across the United States.

The company's core offerings include individual life insurance policies—term life, universal life and whole life—as well as fixed annuities designed to help clients build and preserve wealth.

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