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

UTG, Inc. (OTCMKTS:UTGN) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totalling 300 shares, a growth of 200.0% from the December 31st total of 100 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is currently 0.6 days.

UTG Price Performance

Shares of UTGN remained flat at $29.75 during mid-day trading on Friday. 1 shares of the stock traded hands, compared to its average volume of 308. The company has a 50-day moving average price of $28.89 and a 200-day moving average price of $27.29. The company has a market cap of $94.31 million, a price-to-earnings ratio of 2.07 and a beta of 0.17. UTG has a 52-week low of $24.81 and a 52-week 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.