Security National Financial Co. (NASDAQ:SNFCA) Short Interest Update

Security National Financial Co. (NASDAQ:SNFCA) saw a large decline in short interest in December. As of December 31st, there was short interest totalling 29,100 shares, a decline of 21.1% from the December 15th total of 36,900 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 43,200 shares, the short-interest ratio is presently 0.7 days.

Security National Financial Price Performance

Security National Financial stock traded up $0.14 during trading hours on Friday, hitting $12.29. The company had a trading volume of 4,520 shares, compared to its average volume of 25,473. Security National Financial has a fifty-two week low of $6.19 and a fifty-two week high of $13.59. The firm’s fifty day moving average is $12.10 and its 200-day moving average is $9.88. The firm has a market capitalization of $298.16 million, a P/E ratio of 10.00 and a beta of 1.10.

Institutional Investors Weigh In On Security National Financial

Large investors have recently made changes to their positions in the company. Renaissance Technologies LLC lifted its holdings in Security National Financial by 43.8% in the 2nd quarter. Renaissance Technologies LLC now owns 291,553 shares of the credit services provider’s stock worth $2,330,000 after purchasing an additional 88,850 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Security National Financial by 10.3% in the second quarter. Dimensional Fund Advisors LP now owns 550,809 shares of the credit services provider’s stock valued at $4,401,000 after acquiring an additional 51,539 shares during the period. Soltis Investment Advisors LLC increased its position in Security National Financial by 1.0% during the third quarter. Soltis Investment Advisors LLC now owns 2,820,948 shares of the credit services provider’s stock worth $25,953,000 after acquiring an additional 29,120 shares during the period. Hsbc Holdings PLC bought a new stake in Security National Financial in the 2nd quarter valued at $198,000. Finally, RBF Capital LLC boosted its holdings in Security National Financial by 5.9% in the 3rd quarter. RBF Capital LLC now owns 296,531 shares of the credit services provider’s stock valued at $2,728,000 after purchasing an additional 16,406 shares during the period. Institutional investors own 45.58% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Security National Financial from a “buy” rating to a “strong-buy” rating in a report on Saturday, December 21st.

Security National Financial Company Profile

Security National Financial Corporation engages in the life insurance, cemetery and mortuary, and mortgage businesses. The company's Life Insurance segment is involved in selling and servicing lines of life insurance, annuity products, and accident and health insurance. It offers various life insurance products, including funeral plans and interest-sensitive life insurance, as well as other traditional life, accident, and health insurance products; annuity products comprising single and flexible premium deferred annuities, and immediate annuities; and diver's accident insurance policies.