Short Interest in Kansas City Life Insurance (OTCMKTS:KCLI) Drops By 36.4%

Kansas City Life Insurance (OTCMKTS:KCLI) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 700 shares, a decrease of 36.4% from the December 15th total of 1,100 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is currently 1.8 days.

Kansas City Life Insurance Stock Up 0.6 %

Shares of KCLI stock traded up $0.23 during trading hours on Friday, reaching $36.50. The stock had a trading volume of 200 shares, compared to its average volume of 1,075. The firm has a 50-day simple moving average of $36.09 and a 200-day simple moving average of $36.35. Kansas City Life Insurance has a twelve month low of $34.00 and a twelve month high of $39.01.

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

Kansas City Life Insurance Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 13th. Investors of record on Thursday, November 7th were issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date was Thursday, November 7th. Kansas City Life Insurance’s payout ratio is 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.