Vericity (NASDAQ:VERY) Sees Significant Increase in Short Interest

Vericity (NASDAQ:VERY) saw a large increase in short interest in February. As of February 14th, there was short interest totalling 900 shares, an increase of 350.0% from the January 30th total of 200 shares. Based on an average daily trading volume, of 3,000 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.

Shares of NASDAQ:VERY traded up $1.70 during midday trading on Wednesday, reaching $16.79. 500 shares of the company’s stock were exchanged, compared to its average volume of 1,600. The business has a 50 day moving average price of $13.50. Vericity has a 12 month low of $11.53 and a 12 month high of $33.12. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.64 and a current ratio of 0.64.

Vericity Company Profile

Vericity, Inc, through its subsidiaries, provides life insurance protection products for the middle American market. The company operates through Insurance and Agency segments. The Insurance segment provides term life, accidental death, and final expense products. This segment distributes its life insurance products through independent producers, including direct distributors that market to consumers through call centers and regional and national independent producer groups.

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