Short Interest in UTG, Inc. (OTCMKTS:UTGN) Drops By 50.0%

UTG, Inc. (OTCMKTS:UTGN) saw a significant drop in short interest in December. As of December 15th, there was short interest totalling 100 shares, a drop of 50.0% from the November 30th total of 200 shares. Based on an average daily trading volume, of 900 shares, the short-interest ratio is currently 0.1 days.

UTG Price Performance

UTGN stock opened at $29.50 on Friday. The business has a fifty day moving average price of $27.22 and a 200 day moving average price of $27.27. UTG has a fifty-two week low of $24.81 and a fifty-two week high of $32.00. The stock has a market capitalization of $93.40 million, a price-to-earnings ratio of 2.05 and a beta of 0.18.

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.