Reaves Utility Income Fundhares of Benefi (NYSEAMERICAN:UTG) Just Reported Decreased Shorts

June 13, 2018 - By Richard Conner

The stock of Reaves Utility Income Fundhares of Benefi (NYSEAMERICAN:UTG) registered a decrease of 54.93% in short interest. UTG’s total short interest was 9,600 shares in June as published by FINRA. Its down 54.93% from 21,300 shares, reported previously. With 176,500 shares average volume, it will take short sellers 0 days to cover their UTG’s short positions.

The stock decreased 0.35% or $0.1001 during the last trading session, reaching $28.1899. About 144,868 shares traded. Reaves Utility Income Fund (NYSEAMERICAN:UTG) has declined 19.40% since June 13, 2017 and is downtrending. It has underperformed by 31.97% the S&P500.

Reaves Utility Income Fund is a closed ended balanced mutual fund launched and managed by W. The company has market cap of $1.37 billion. H. It currently has negative earnings. Reaves & Company, Inc.

Reaves Utility Income Fund (NYSEAMERICAN:UTG) Ratings Chart

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