Kansas City Life Insurance (OTCMKTS:KCLI) Sees Significant Increase in Short Interest

Kansas City Life Insurance (OTCMKTS:KCLI) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 1,400 shares, a growth of 100.0% from the October 31st total of 700 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is currently 2.8 days.

Kansas City Life Insurance Price Performance

OTCMKTS:KCLI remained flat at $36.20 on Friday. Kansas City Life Insurance has a 1 year low of $28.25 and a 1 year high of $39.01. The firm’s fifty day moving average is $35.86 and its 200-day moving average is $36.21.

Kansas City Life Insurance (OTCMKTS:KCLI) last announced its quarterly earnings results on Friday, November 1st. The financial services provider reported $0.14 earnings per share for the quarter. Kansas City Life Insurance had a net margin of 10.10% and a return on equity of 9.34%. The company had revenue of $125.15 million during the quarter.

Kansas City Life Insurance Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 13th. Shareholders of record on Thursday, November 7th were paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 1.55%. The ex-dividend date was Thursday, November 7th. Kansas City Life Insurance’s dividend payout ratio is currently 9.56%.

About Kansas City Life Insurance

Kansas City Life Insurance Company provides insurance products and services in states and the District of Columbia. It operates through three segments: Individual Insurance, Group Insurance, and Old American. The Individual Insurance segment consists of individual insurance products for Kansas City life, Grange life, and the assumed reinsurance transactions.