Security National Financial Corp (NASDAQ:SNFCA) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totalling 1,800 shares, a decrease of 50.0% from the June 30th total of 3,600 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 10,300 shares, the short-interest ratio is currently 0.2 days.

Shares of SNFCA stock opened at $4.97 on Wednesday. Security National Financial has a 52-week low of $4.60 and a 52-week high of $5.90. The stock has a market cap of $90.35 million, a price-to-earnings ratio of 13.41 and a beta of -0.03. The business has a fifty day simple moving average of $5.17.

Security National Financial (NASDAQ:SNFCA) last issued its quarterly earnings results on Thursday, May 16th. The credit services provider reported $0.11 earnings per share (EPS) for the quarter. Security National Financial had a return on equity of 3.89% and a net margin of 2.58%. The business had revenue of $61.49 million during the quarter.

Separately, ValuEngine lowered Security National Financial from a “hold” rating to a “sell” rating in a research note on Thursday, August 1st.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Acadian Asset Management LLC boosted its holdings in shares of Security National Financial by 113.4% during the 2nd quarter. Acadian Asset Management LLC now owns 11,268 shares of the credit services provider’s stock valued at $57,000 after purchasing an additional 5,988 shares during the last quarter. Deutsche Bank AG lifted its holdings in shares of Security National Financial by 16.7% in the 4th quarter. Deutsche Bank AG now owns 20,360 shares of the credit services provider’s stock valued at $105,000 after acquiring an additional 2,909 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of Security National Financial by 6.0% in the 2nd quarter. BlackRock Inc. now owns 79,242 shares of the credit services provider’s stock valued at $398,000 after acquiring an additional 4,456 shares during the last quarter. Synovus Financial Corp lifted its holdings in shares of Security National Financial by 5.0% in the 1st quarter. Synovus Financial Corp now owns 93,878 shares of the credit services provider’s stock valued at $443,000 after acquiring an additional 4,470 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in shares of Security National Financial by 9.5% in the 2nd quarter. Renaissance Technologies LLC now owns 159,426 shares of the credit services provider’s stock valued at $800,000 after acquiring an additional 13,890 shares during the last quarter. 11.96% of the stock is owned by institutional investors and hedge funds.

About Security National Financial

Security National Financial Corporation engages in life insurance, cemetery and mortuary, and mortgage businesses. The company operates through three segments: Life Insurance, Cemetery and Mortuary, and Mortgages. The Life Insurance segment is involved in selling and servicing lines of life insurance, annuity products, and accident and health insurance.

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