Short Interest in United Tennessee Bankshares Inc. (OTCMKTS:UNTN) Expands By 2,510.5%

United Tennessee Bankshares Inc. (OTCMKTS:UNTN) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 496 shares, an increase of 2,510.5% from the April 30th total of 19 shares. Based on an average trading volume of 735 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.1% of the company’s stock are sold short.

United Tennessee Bankshares Price Performance

OTCMKTS:UNTN opened at $27.99 on Thursday. United Tennessee Bankshares has a 1-year low of $17.25 and a 1-year high of $27.99. The company has a 50-day moving average of $25.87 and a 200 day moving average of $23.50. The firm has a market cap of $20.43 million, a PE ratio of 9.89 and a beta of -0.29.

United Tennessee Bankshares (OTCMKTS:UNTN) last released its quarterly earnings data on Monday, April 13th. The company reported $0.74 earnings per share for the quarter. The business had revenue of $1.99 million during the quarter.

About United Tennessee Bankshares

United Tennessee Bankshares, Inc is a one-bank holding company based in Coalfield, Tennessee. Through its wholly owned subsidiary, United Tennessee Bank, the company operates as a community banking franchise focused on serving individuals, small businesses and agricultural producers in eastern Tennessee.

The bank’s core offerings include a full suite of deposit products—such as checking, savings and certificates of deposit—alongside lending solutions that encompass commercial real estate, agricultural and consumer loans.