Kansas City Life Insurance (OTCMKTS:KCLI) Short Interest Up 14.3% in August

Kansas City Life Insurance (OTCMKTS:KCLI) saw a large increase in short interest in the month of August. As of August 15th, there was short interest totalling 800 shares, an increase of 14.3% from the July 31st total of 700 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 1.3 days.

Kansas City Life Insurance Stock Up 0.2 %

Shares of OTCMKTS KCLI opened at $25.05 on Thursday. Kansas City Life Insurance has a twelve month low of $20.00 and a twelve month high of $31.20. The firm has a fifty day simple moving average of $24.23 and a 200 day simple moving average of $23.94. The company has a market capitalization of $242.48 million, a PE ratio of -20.70 and a beta of 0.46.

Kansas City Life Insurance (OTCMKTS:KCLI) last posted its earnings results on Friday, July 28th. The financial services provider reported $0.46 earnings per share for the quarter. Kansas City Life Insurance had a negative net margin of 2.40% and a negative return on equity of 2.33%. The company had revenue of $123.95 million for the quarter.

Kansas City Life Insurance Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 9th. Shareholders of record on Thursday, August 3rd were paid a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 2.24%. The ex-dividend date of this dividend was Wednesday, August 2nd. Kansas City Life Insurance’s dividend payout ratio is presently -46.28%.

Kansas City Life Insurance Company Profile

Kansas City Life Insurance Company provides insurance products and services in states and the District of Columbia. It offers a portfolio of individual insurance, annuity, and group life and health insurance; and traditional life insurance, immediate annuities with life contingencies, supplementary contracts with life contingencies, and accident and health insurance.