Short Interest in UTG, Inc. (OTCMKTS:UTGN) Declines By 33.3%

UTG, Inc. (OTCMKTS:UTGN) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 200 shares, a drop of 33.3% from the December 31st total of 300 shares. Based on an average trading volume of 1,200 shares, the days-to-cover ratio is presently 0.2 days.

UTG Stock Performance

Shares of UTG stock opened at $29.75 on Friday. The company has a market capitalization of $94.31 million, a PE ratio of 2.07 and a beta of 0.17. The company has a 50-day simple moving average of $28.92 and a two-hundred day simple moving average of $27.31. UTG has a one year low of $24.81 and a one year high of $32.00.

About UTG

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.