Sagicor Financial Company Ltd. (OTCMKTS:SGCFF) Short Interest Up 140.0% in January

Sagicor Financial Company Ltd. (OTCMKTS:SGCFF) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 1,200 shares, an increase of 140.0% from the December 31st total of 500 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 12.0 days.

Sagicor Financial Price Performance

OTCMKTS:SGCFF remained flat at $4.28 during trading hours on Wednesday. The company’s stock had a trading volume of 68 shares, compared to its average volume of 13,051. Sagicor Financial has a 52-week low of $3.28 and a 52-week high of $5.24. The company’s fifty day simple moving average is $4.40 and its 200 day simple moving average is $4.33.

Sagicor Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Tuesday, November 26th were issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 5.61%. The ex-dividend date of this dividend was Tuesday, November 26th.

About Sagicor Financial

Sagicor Financial Company Ltd., together with its subsidiaries, provides insurance products and related financial services in Jamaica, Barbados, Trinidad, Tobago, other Caribbean region, and the United States. It operates through three segments: Sagicor Jamaica, Sagicor Life, and Sagicor Life USA. The company offers life and health insurance products; employee benefits, including group health and group life benefits; and annuities, asset management, and property and casualty insurance.