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

UTG, Inc. (OTCMKTS:UTGN) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 200 shares, a decrease 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

OTCMKTS:UTGN opened at $29.75 on Friday. UTG has a 52 week low of $24.81 and a 52 week high of $32.00. The stock has a market cap of $94.31 million, a price-to-earnings ratio of 2.07 and a beta of 0.17. The company’s 50 day moving average price is $28.92 and its 200-day moving average price is $27.31.

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.