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

UTG, Inc. (OTCMKTS:UTGN) was the recipient of 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 volume of 900 shares, the days-to-cover ratio is presently 0.1 days.

UTG Trading Up 3.5 %

Shares of OTCMKTS:UTGN opened at $29.50 on Friday. The firm’s 50-day moving average is $27.22 and its 200 day moving average is $27.26. UTG has a 12 month low of $24.81 and a 12 month high of $32.00. The company 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.