National Security Group Inc (NASDAQ:NSEC) Short Interest Down 8.8% in September
National Security Group Inc (NASDAQ:NSEC) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totalling 3,100 shares, a drop of 8.8% from the August 30th total of 3,400 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 5.2 days.
Separately, ValuEngine upgraded National Security Group from a “hold” rating to a “buy” rating in a report on Wednesday.
In other news, Director Fred Clark, Jr. purchased 7,950 shares of the company’s stock in a transaction on Wednesday, October 9th. The shares were purchased at an average price of $12.25 per share, with a total value of $97,387.50. Following the purchase, the director no ...