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

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

UTG Price Performance

Shares of OTCMKTS UTGN remained flat at $29.75 on Friday. 1 shares of the company’s stock traded hands, compared to its average volume of 308. The company has a 50-day simple moving average of $28.89 and a 200 day simple moving average of $27.29. The stock has a market cap of $94.31 million, a P/E ratio of 2.07 and a beta of 0.17. UTG has a 12 month low of $24.81 and a 12 month 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.