Short Interest in Kansas City Life Insurance (OTCMKTS:KCLI) Decreases By 50.0%

Kansas City Life Insurance (OTCMKTS:KCLI) was the target of a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 100 shares, a drop of 50.0% from the May 15th total of 200 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 1,700 shares, the days-to-cover ratio is presently 0.1 days.

Kansas City Life Insurance Price Performance

Kansas City Life Insurance stock traded down $0.50 during trading hours on Monday, hitting $28.51. 2,497 shares of the stock traded hands, compared to its average volume of 1,248. The firm’s 50 day moving average price is $29.62 and its 200-day moving average price is $33.20. The stock has a market capitalization of $276.06 million, a price-to-earnings ratio of 4.87 and a beta of 0.54. Kansas City Life Insurance has a 1 year low of $27.45 and a 1 year high of $39.00.

Kansas City Life Insurance (OTCMKTS:KCLI) last released its quarterly earnings results on Thursday, May 1st. The financial services provider reported $0.19 earnings per share for the quarter. Kansas City Life Insurance had a return on equity of 9.34% and a net margin of 10.10%. The company had revenue of $118.98 million during the quarter.

Kansas City Life Insurance Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, May 14th. Stockholders of record on Friday, May 9th were paid a $0.14 dividend. The ex-dividend date was Thursday, May 8th. This represents a dividend yield of 1.9%. Kansas City Life Insurance’s payout ratio is presently -116.67%.

Kansas City Life Insurance Company Profile

Kansas City Life Insurance Company provides insurance products and services in states and the District of Columbia. It operates through three segments: Individual Insurance, Group Insurance, and Old American. The Individual Insurance segment consists of individual insurance products for Kansas City life, Grange life, and the assumed reinsurance transactions.