Trading was light with 328 shares changing hands by the end of trading on Tuesday. Overall, volume was down 87.53% under the stocks normal daily volume.
Investors are more bearish on shares of Natl Security Gp I if you pay attention to the uptick in short interest. The stock realized a rise in short interest of 2.40% between September 29, 2017 and October 13, 2017. Short shares increased 76 over that period. With short interest at 3,243 and short average daily volume at 141, days to cover is 23.0 and the short interest percentage is 0.00% as of October 13.
Natl Security Gp I (NASDAQ:NSEC) has been the object of insider buying activity recently. Donald S. Pittman, Director disclosed the purchase of 300 shares of (NSEC). The shares were bought on September 21st for an average price of $13.00. Pittman now owns $397,800 of the stock according to the SEC filing. Fred Jr Clark, Director disclosed the purchase of 3,000 shares of NSEC stock. The shares were purchased at an average price of $13.51. The Director now owns $426,835 of the stock per the Form 4 SEC filing.
These firms have modified their investment in NSEC. Ubs Group Ag downsized its position by selling 10,901 shares a decrease of 93.2% in the quarter. Ubs Group Ag controls 799 shares with a value of $11,000. The total value of its holdings decreased 94.1%. Dimensional Fund Advisors Lp divested its ownership by shedding 610 shares a decrease of 1.2% as of 09/30/2017. Dimensional Fund Advisors Lp now holds 51,214 shares worth $648,000. The value of the position overall is down by 11.6%.
The company is now up by 0.07% since yesterday’s close of 14.62. Natl Security Gp I currently has a P/E ratio of N/A and market cap is 36.90M. In the latest earnings report the EPS was $-0.19 with 2.52M shares now outstanding.
The National Security Group, Inc. (NSG), launched on March 20, 1990, is an insurance holding company. The Company, through its subsidiaries, operates through two segments: property and casualty insurance, and life insurance. The property and casualty subsidiaries of the Company are National Security Fire and Casualty Company (NSFC) and Omega One Insurance Company (Omega), which write personal lines dwelling coverage, including dwelling fire and windstorm, homeowners and mobile homeowner’s lines of insurance in over 10 states. The Business’s life insurance subsidiary, National Security Insurance Company (NSIC), offers a line of life and health and accident insurance products in over seven states. Its assets and investments are held in the operating insurance companies..