The National Security Group, Inc. (NASDAQ:NSEC) Short Interest Up 180.0% in December
The National Security Group, Inc. (NASDAQ:NSEC) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 1,400 shares, an increase of 180.0% from the December 15th total of 500 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 300 shares, the short-interest ratio is presently 4.7 days.
Shares of NASDAQ NSEC opened at $11.44 on Thursday. The firm has a 50-day simple moving average of $11.35 and a 200-day simple moving average of $12.33. The stock has a market capitalization of $28.94 million, a price-to-earnings ratio of -6.36 and a beta of 0.06. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 0.29. The National Security Group has a 52 week low of $10.14 and a 52 week high of $16.95.
The National Security Group (NASDAQ:NSEC) last announced its quarterly earnings results on Friday, November 13th. The insurance provider reported ($0.30) earnings per share for the quarter. The National Security Group had a negative net margin of 6.87% and a negative return on equity of 9.22%. The company had revenue of $17.77 million for the quarter.
The National Security Group, Inc, an insurance holding company, provides insurance products and services in the United States. It operates in two segments, Property and Casualty Insurance, and Life Insurance. The Property and Casualty Insurance segment primarily underwrites home insurance coverage with primary lines of business consisting of dwelling fire and extended coverage, mobile homeowners, and other liability insurance services in Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, Oklahoma, South Carolina, Tennessee, and West Virginia, as well as operates on a surplus lines basis in the state of Louisiana.
Read More: Penny Stocks
Receive News & Ratings for The National Security Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The National Security Group and related companies with MarketBeat.com's FREE daily email newsletter.