Kansas City Life Insurance (OTCMKTS:KCLI) Short Interest Update

Kansas City Life Insurance (OTCMKTS:KCLI) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 700 shares, a drop of 12.5% from the August 15th total of 800 shares. Based on an average daily trading volume, of 1,500 shares, the days-to-cover ratio is currently 0.5 days.

Kansas City Life Insurance Price Performance

KCLI stock opened at $25.25 on Monday. Kansas City Life Insurance has a 12 month low of $20.00 and a 12 month high of $31.00. The firm has a 50 day moving average of $24.68 and a two-hundred day moving average of $23.86. The company has a market capitalization of $244.50 million, a price-to-earnings ratio of -20.87 and a beta of 0.45.

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

Kansas City Life Insurance Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 9th. Shareholders of record on Thursday, August 3rd were given a dividend of $0.14 per share. The ex-dividend date was Wednesday, August 2nd. This represents a $0.56 dividend on an annualized basis and a yield of 2.22%. Kansas City Life Insurance’s 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.