UTG Inc. (OTCMKTS:UTGN) Short Interest Update

Key Points

• UTG Inc. experienced a dramatic 400.0% increase in short interest in July, with a total of 500 shares short as of July 31st, compared to just 100 shares on July 15th.
• The company's stock price remains stable at $44.22, with a market capitalization of $139.29 million and a P/E ratio of 3.13.
• In its latest earnings report, UTG posted a loss of ($0.56) EPS for the quarter, with revenue of $3.39 million and a return on equity of 20.73%.

UTG Inc. (OTCMKTS:UTGN - Get Free Report) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 500 shares, anincreaseof400.0% from the July 15th total of 100 shares. Approximately0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 700 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 700 shares, the short-interest ratio is currently 0.7 days. Approximately0.1% of the shares of the company are sold short.

UTG Stock Performance

Shares of UTGN stock remained flat at $44.22 during mid-day trading on Friday. The stock had a trading volume of 3 shares, compared to its average volume of 355. UTG has a 1-year low of $24.81 and a 1-year high of $45.00. The company has a fifty day simple moving average of $39.39 and a 200-day simple moving average of $35.25. The stock has a market capitalization of $139.29 million, a PE ratio of 3.13 and a beta of 0.26.

UTG (OTCMKTS:UTGN - Get Free Report) last issued its earnings results on Tuesday, August 12th. The insurance provider reported ($0.56) earnings per share for the quarter. The firm had revenue of $3.39 million during the quarter. UTG had a return on equity of 20.73% and a net margin of 55.51%.

About UTG

UTG, Inc, an insurance holding company, provides individual life insurance products and services in the United States. Its individual life insurance includes servicing of existing insurance business in-force; the acquisition of other companies in the insurance business; and the administration processing of life insurance business for other entities.