UTG Inc. (OTCMKTS:UTGN) Shares Shorted: Short Interest Up 170.0% in September

UTG Inc. (OTCMKTS:UTGN – Get Free Report) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 27 shares, a growth of 170.0% from the September 15th total of 10 shares. Based on an average daily volume of 325 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

UTG Price Performance

UTGN stock opened at $60.00 on Wednesday. The company has a market cap of $187.80 million, a PE ratio of 5.29 and a beta of 0.05. The business has a 50-day simple moving average of $57.92 and a 200 day simple moving average of $56.96. UTG has a 52 week low of $44.00 and a 52 week high of $65.73.

UTG (OTCMKTS:UTGN – Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The insurance provider reported $2.00 earnings per share for the quarter. The firm had revenue of $13.90 million for the quarter.

UTG Company Profile

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UTG, Inc (OTCMKTS: UTGN) is an insurance holding company that operates through its insurance subsidiaries. The company’s business is focused primarily on providing life insurance and annuity products to individuals and families.

Its product offerings have included traditional life insurance, interest-sensitive and universal life policies, and fixed annuity products. These products are generally distributed through independent insurance agents and other intermediary relationships in the United States.

UTG, Inc is associated with United Trust and Life Insurance Company, which conducts the company’s principal insurance operations.

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