Short Interest in United Tennessee Bankshares Inc. (OTCMKTS:UNTN) Expands By 2,510.5%

United Tennessee Bankshares Inc. (OTCMKTS:UNTN) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 496 shares, a growth of 2,510.5% from the April 30th total of 19 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 735 shares, the short-interest ratio is currently 0.7 days.

United Tennessee Bankshares Price Performance

Shares of UNTN stock opened at $27.99 on Friday. The company’s fifty day simple moving average is $25.93 and its two-hundred day simple moving average is $23.55. United Tennessee Bankshares has a 52 week low of $17.25 and a 52 week high of $27.99. The stock has a market cap of $20.43 million, a P/E ratio of 9.89 and a beta of -0.29.

United Tennessee Bankshares (OTCMKTS:UNTN) last posted its earnings results on Monday, April 13th. The company reported $0.74 EPS for the quarter. The firm had revenue of $1.99 million for the quarter.

United Tennessee Bankshares Company Profile

United Tennessee Bankshares, Inc is a one-bank holding company based in Coalfield, Tennessee. Through its wholly owned subsidiary, United Tennessee Bank, the company operates as a community banking franchise focused on serving individuals, small businesses and agricultural producers in eastern Tennessee.

The bank’s core offerings include a full suite of deposit products—such as checking, savings and certificates of deposit—alongside lending solutions that encompass commercial real estate, agricultural and consumer loans.