United Tennessee Bankshares, Inc. (OTCMKTS:UNTN) Short Interest Up 200.0% in December

United Tennessee Bankshares, Inc. (OTCMKTS:UNTN) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 300 shares, an increase of 200.0% from the November 30th total of 100 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 0.8 days.

United Tennessee Bankshares Price Performance

Shares of UNTN stock remained flat at $16.25 on Friday. 233 shares of the company traded hands, compared to its average volume of 900. United Tennessee Bankshares has a 52 week low of $15.68 and a 52 week high of $18.92. The stock has a market cap of $12.03 million, a PE ratio of 9.08 and a beta of 0.20. The firm’s 50 day moving average is $16.28 and its two-hundred day moving average is $16.69.

United Tennessee Bankshares (OTCMKTS:UNTN) last released its quarterly earnings results on Tuesday, October 15th. The company reported $0.44 earnings per share (EPS) for the quarter. The firm had revenue of $1.65 million for the quarter.

About United Tennessee Bankshares

United Tennessee Bankshares, Inc operates as the holding company for Newport Federal Bank that provides various financial services to individuals and corporate customers. The company accepts interest-bearing checking, savings, NOW, passbook savings, money market, and individual retirement accounts, as well as certificates of deposit.