Short Interest in UTG, Inc. (OTCMKTS:UTGN) Expands By 200.0%

UTG, Inc. (OTCMKTS:UTGN) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 300 shares, a growth of 200.0% from the December 15th total of 100 shares. Based on an average trading volume of 500 shares, the short-interest ratio is currently 0.6 days.

UTG Trading Down 0.6 %

UTGN traded down $0.19 during midday trading on Wednesday, hitting $29.46. 1,400 shares of the company were exchanged, compared to its average volume of 900. The company’s 50 day simple moving average is $28.30 and its 200 day simple moving average is $27.21. The firm has a market capitalization of $93.27 million, a price-to-earnings ratio of 2.05 and a beta of 0.17. UTG has a 1-year low of $24.81 and a 1-year high of $32.00.

UTG Company Profile

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.