Security National Financial Co. (NASDAQ:SNFCA) Short Interest Update

Security National Financial Co. (NASDAQ:SNFCA) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totalling 21,200 shares, a drop of 90.8% from the June 30th total of 229,200 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 78,600 shares, the days-to-cover ratio is currently 0.3 days.

Security National Financial Trading Up 1.5 %

Shares of NASDAQ SNFCA traded up $0.12 during mid-day trading on Thursday, hitting $7.97. The company had a trading volume of 24,697 shares, compared to its average volume of 51,045. The company has a market capitalization of $192.71 million, a price-to-earnings ratio of 8.96 and a beta of 1.02. Security National Financial has a 1 year low of $6.19 and a 1 year high of $9.29. The stock’s 50-day moving average price is $7.84 and its 200-day moving average price is $7.74.

Security National Financial (NASDAQ:SNFCA) last announced its quarterly earnings results on Tuesday, May 14th. The credit services provider reported $0.33 earnings per share for the quarter. The company had revenue of $81.19 million during the quarter. Security National Financial had a return on equity of 6.74% and a net margin of 6.47%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Security National Financial from a “strong-buy” rating to a “buy” rating in a research report on Monday.

Institutional Investors Weigh In On Security National Financial

Several large investors have recently added to or reduced their stakes in the business. Soltis Investment Advisors LLC bought a new stake in Security National Financial during the fourth quarter worth about $26,399,000. Verdad Advisers LP bought a new stake in Security National Financial during the fourth quarter worth about $242,000. Empowered Funds LLC lifted its stake in Security National Financial by 8.1% during the first quarter. Empowered Funds LLC now owns 41,919 shares of the credit services provider’s stock worth $332,000 after purchasing an additional 3,150 shares during the last quarter. EP Wealth Advisors LLC bought a new stake in Security National Financial during the fourth quarter worth about $521,000. Finally, Panagora Asset Management Inc. bought a new stake in Security National Financial during the fourth quarter worth about $92,000. Institutional investors own 45.58% of the company’s stock.

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.