UTG Inc. (OTCMKTS:UTGN) Short Interest Up ? in July

UTG Inc. (OTCMKTS:UTGNGet Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 102 shares, an increase of ? from the June 30th total of 0 shares. Based on an average daily trading volume, of 222 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the company’s shares are sold short.

UTG Price Performance

UTGN stock opened at $57.99 on Thursday. The company has a market capitalization of $182.09 million, a PE ratio of 6.60 and a beta of 0.12. UTG has a 12 month low of $40.00 and a 12 month high of $65.73. The firm’s 50-day moving average is $55.88 and its 200 day moving average is $55.55.

UTG (OTCMKTS:UTGNGet Free Report) last issued its earnings results on Wednesday, May 13th. The insurance provider reported $7.42 earnings per share for the quarter. The firm had revenue of $36.49 million during the quarter.

About UTG

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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.

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