Kingsway Financial Services Inc. (NYSE:KFS) Short Interest Down 95.8% in June
Kingsway Financial Services Inc. (NYSE:KFS) (TSE:KFS) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totalling 25,386 shares, a decline of 95.8% from the June 15th total of 608,508 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 12,907 shares, the short-interest ratio is presently 2.0 days.
In other Kingsway Financial Services news, Director Joseph Stilwell acquired 4,200 shares of Kingsway Financial Services stock in a transaction dated Wednesday, June 28th. The stock was acquired at an average cost of $6.06 per share, for a total transaction of $25,452.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders acquired 37,283 shares of company stock valued at $223,308. 44.97% of the stock is currently owned by insiders.
Shares of Kingsway Financial Services (NYSE KFS) opened at 5.95 on Thursday. The company has a market cap of $139.29 million, a PE ratio of 540.91 and a beta of 0.27. The company’s 50-day moving average price is $6.13 and its 200 day moving average price is $6.04. Kingsway Financial Services has a one year low of $5.20 and a one year high of $6.50.
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Kingsway Financial Services Company Profile
Kingsway Financial Services Inc is a holding company. The Company operates as a merchant bank primarily engaged, through its subsidiaries, in the property and casualty insurance business. The Company operates through Insurance Underwriting segment. Its Insurance Underwriting segment provides non-standard automobile insurance to individuals who do not meet the criteria for coverage by standard automobile insurers.
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