United Tennessee Bankshares Inc. (OTCMKTS:UNTN – Get Free Report) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 12 shares, a decline of 89.3% from the June 30th total of 112 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 137 shares, the days-to-cover ratio is currently 0.1 days.
United Tennessee Bankshares Trading Up 1.1%
UNTN opened at $30.33 on Friday. The company’s fifty day moving average price is $28.27 and its two-hundred day moving average price is $25.57. United Tennessee Bankshares has a 1-year low of $19.27 and a 1-year high of $30.50. The company has a market cap of $22.14 million, a price-to-earnings ratio of 10.72 and a beta of -0.26.
United Tennessee Bankshares Company Profile
United Tennessee Bankshares, Inc is a one-bank holding company based in Coalfield, Tennessee. Through its wholly owned subsidiary, United Tennessee Bank, the company operates as a community banking franchise focused on serving individuals, small businesses and agricultural producers in eastern Tennessee.
The bank’s core offerings include a full suite of deposit products—such as checking, savings and certificates of deposit—alongside lending solutions that encompass commercial real estate, agricultural and consumer loans.
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