UTG Inc. (OTCMKTS:UTGN) Short Interest Update

UTG Inc. (OTCMKTS:UTGN) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 11 shares, a growth of ∞ from the April 30th total of 0 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 87 shares, the days-to-cover ratio is currently 0.1 days.

UTG Price Performance

OTCMKTS:UTGN remained flat at $54.00 during mid-day trading on Monday. The company’s 50 day simple moving average is $56.75 and its two-hundred day simple moving average is $55.78. UTG has a one year low of $37.25 and a one year high of $65.73. The stock has a market capitalization of $169.56 million, a P/E ratio of 6.14 and a beta of 0.11.

UTG (OTCMKTS:UTGN) last posted its earnings results on Wednesday, May 13th. The insurance provider reported $7.42 EPS for the quarter. UTG had a net margin of 48.60% and a return on equity of 11.75%. The business had revenue of $36.49 million for the quarter.

UTG Company Profile

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. In addition, it offers reinsurance products. UTG, Inc was founded in 1966 and is headquartered in Stanford, Kentucky.