Short Interest in United Tennessee Bankshares Inc. (OTCMKTS:UNTN) Declines By 89.3%

United Tennessee Bankshares Inc. (OTCMKTS:UNTNGet Free Report) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 12 shares, a decline of 89.3% from the June 30th total of 112 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 137 shares, the days-to-cover ratio is presently 0.1 days.

United Tennessee Bankshares Price Performance

OTCMKTS UNTN opened at $30.33 on Friday. United Tennessee Bankshares has a 1 year low of $19.27 and a 1 year high of $30.50. The firm has a market cap of $22.14 million, a price-to-earnings ratio of 10.72 and a beta of -0.26. The company has a fifty day moving average price of $28.27 and a 200-day moving average price of $25.57.

United Tennessee Bankshares Company Profile

(Get Free Report)

United Tennessee Bankshares, Inc is a one-bank holding company based in Coalfield, Tennessee. Through its wholly owned subsidiary, United Tennessee Bank, the company operates as a community banking franchise focused on serving individuals, small businesses and agricultural producers in eastern Tennessee.

The bank’s core offerings include a full suite of deposit products—such as checking, savings and certificates of deposit—alongside lending solutions that encompass commercial real estate, agricultural and consumer loans.

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