UTG Inc. (OTCMKTS:UTGN – Get Free Report) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 10 shares, a decline of 33.3% from the August 15th total of 15 shares. Based on an average daily trading volume, of 380 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.
UTG Price Performance
UTGN stock opened at $57.95 on Thursday. The firm has a market cap of $181.38 million, a price-to-earnings ratio of 5.11 and a beta of 0.10. The company’s fifty day simple moving average is $57.80 and its 200 day simple moving average is $56.47. UTG has a 12-month low of $43.05 and a 12-month high of $65.73.
UTG (OTCMKTS:UTGN – Get Free Report) last released its earnings results on Wednesday, August 12th. The insurance provider reported $2.00 EPS for the quarter. The business had revenue of $13.90 million for the quarter.
About UTG
UTG, Inc (OTCMKTS: UTGN) is an insurance holding company focused primarily on the life insurance business. Through its insurance subsidiaries, the company provides products designed to offer death-benefit protection and long-term financial planning solutions.
Its offerings include ordinary life insurance products, such as traditional whole life, term life and universal life policies, as well as annuity products. The company’s operations are centered on underwriting, administering and servicing these policies for individual policyholders and other customers.
UTG, Inc was established in 1983 and operates through regulated insurance subsidiaries, including United Trust Life Insurance Company.
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