United Tennessee Bankshares Inc. (OTCMKTS:UNTN) Sees Significant Decrease in Short Interest

United Tennessee Bankshares Inc. (OTCMKTS:UNTN) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 2 shares, a decline of 83.3% from the July 15th total of 12 shares. Based on an average trading volume of 2,218 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

United Tennessee Bankshares Price Performance

Shares of United Tennessee Bankshares stock opened at $30.00 on Thursday. The company has a market cap of $21.90 million, a price-to-earnings ratio of 10.60 and a beta of -0.26. The company’s 50 day moving average is $28.83 and its 200 day moving average is $26.30. United Tennessee Bankshares has a twelve month low of $20.00 and a twelve month high of $30.50.

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.