Security National Financial Co. (NASDAQ:SNFCA – Get Free Report) was the recipient of a significant drop in short interest in February. As of February 28th, there was short interest totalling 17,400 shares, a drop of 36.3% from the February 13th total of 27,300 shares. Based on an average daily trading volume, of 35,500 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are sold short.
Hedge Funds Weigh In On Security National Financial
Several hedge funds have recently made changes to their positions in SNFCA. Tower Research Capital LLC TRC lifted its stake in Security National Financial by 795.2% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,885 shares of the credit services provider’s stock worth $47,000 after purchasing an additional 3,451 shares in the last quarter. Farther Finance Advisors LLC purchased a new stake in shares of Security National Financial in the fourth quarter worth $73,000. JPMorgan Chase & Co. raised its position in shares of Security National Financial by 1,673.8% in the third quarter. JPMorgan Chase & Co. now owns 6,368 shares of the credit services provider’s stock worth $59,000 after buying an additional 6,009 shares in the last quarter. Cubist Systematic Strategies LLC boosted its stake in Security National Financial by 203.9% during the fourth quarter. Cubist Systematic Strategies LLC now owns 7,217 shares of the credit services provider’s stock valued at $87,000 after buying an additional 4,842 shares during the period. Finally, Jefferies Financial Group Inc. grew its position in Security National Financial by 15.4% during the fourth quarter. Jefferies Financial Group Inc. now owns 13,614 shares of the credit services provider’s stock worth $164,000 after buying an additional 1,814 shares in the last quarter. 45.58% of the stock is currently owned by hedge funds and other institutional investors.
Security National Financial Stock Up 0.5 %
Security National Financial stock traded up $0.06 during midday trading on Monday, reaching $12.24. The stock had a trading volume of 969 shares, compared to its average volume of 33,863. The firm has a market capitalization of $297.13 million, a PE ratio of 9.97 and a beta of 1.10. Security National Financial has a 12 month low of $6.19 and a 12 month high of $13.59. The firm’s 50-day moving average price is $12.53 and its 200 day moving average price is $11.26.
Analysts Set New Price Targets
View Our Latest Research Report on Security National Financial
Security National Financial Company Profile
Security National Financial Corporation engages in the life insurance, cemetery and mortuary, and mortgage businesses. The company's Life Insurance segment is involved in selling and servicing lines of life insurance, annuity products, and accident and health insurance. It offers various life insurance products, including funeral plans and interest-sensitive life insurance, as well as other traditional life, accident, and health insurance products; annuity products comprising single and flexible premium deferred annuities, and immediate annuities; and diver's accident insurance policies.
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