Sagicor Financial Company Ltd. (OTCMKTS:SGCFF – Get Free Report) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 1,200 shares, a growth of 140.0% from the December 31st total of 500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 12.0 days.
Sagicor Financial Stock Performance
Shares of OTCMKTS SGCFF remained flat at $4.28 during midday trading on Wednesday. The stock had a trading volume of 68 shares, compared to its average volume of 13,051. Sagicor Financial has a one year low of $3.28 and a one year high of $5.24. The stock has a fifty day simple moving average of $4.40 and a 200-day simple moving average of $4.33.
Sagicor Financial Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 17th. Shareholders of record on Tuesday, November 26th were issued a dividend of $0.06 per share. The ex-dividend date was Tuesday, November 26th. This represents a $0.24 annualized dividend and a yield of 5.61%.
About Sagicor Financial
Sagicor Financial Company Ltd., together with its subsidiaries, provides insurance products and related financial services in Jamaica, Barbados, Trinidad, Tobago, other Caribbean region, and the United States. It operates through three segments: Sagicor Jamaica, Sagicor Life, and Sagicor Life USA. The company offers life and health insurance products; employee benefits, including group health and group life benefits; and annuities, asset management, and property and casualty insurance.
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