Short Interest in Kansas City Life Insurance (OTCMKTS:KCLI) Drops By 12.5%

Kansas City Life Insurance (OTCMKTS:KCLI) was the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totalling 700 shares, a decrease of 12.5% from the July 15th total of 800 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is presently 0.4 days.

Kansas City Life Insurance Stock Performance

Shares of KCLI remained flat at $36.80 during trading on Friday. 20 shares of the company’s stock were exchanged, compared to its average volume of 1,266. The business’s fifty day moving average is $36.38 and its 200-day moving average is $36.41. Kansas City Life Insurance has a 1-year low of $24.55 and a 1-year high of $39.01. The firm has a market cap of $356.22 million, a PE ratio of 5.97 and a beta of 0.59.

Kansas City Life Insurance (OTCMKTS:KCLI) last announced its earnings results on Friday, July 26th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter. Kansas City Life Insurance had a return on equity of 10.92% and a net margin of 10.73%. The company had revenue of $122.51 million for the quarter.

Kansas City Life Insurance Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 7th. Investors of record on Thursday, August 1st were paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 1.52%. The ex-dividend date of this dividend was Thursday, August 1st. Kansas City Life Insurance’s payout ratio is 9.09%.

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.