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

UTG, Inc. (OTCMKTS:UTGN) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 300 shares, an increase 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 Stock Down 0.6 %

Shares of UTG stock traded down $0.19 on Wednesday, reaching $29.46. The stock had a trading volume of 1,400 shares, compared to its average volume of 900. The company has a 50 day moving average price of $28.30 and a 200 day moving average price of $27.21. UTG has a 1 year low of $24.81 and a 1 year high of $32.00. The stock has a market capitalization of $93.27 million, a P/E ratio of 2.05 and a beta of 0.17.

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.