Conrad Industries Inc. (OTCMKTS:CNRD) Sees Significant Increase in Short Interest

Conrad Industries Inc. (OTCMKTS:CNRD) was the recipient of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 571 shares, an increase of 171.9% from the October 15th total of 210 shares. Based on an average daily volume of 2,553 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Conrad Industries Stock Performance

CNRD stock opened at $27.00 on Friday. The stock has a market cap of $135.54 million, a PE ratio of 8.13 and a beta of 0.54. Conrad Industries has a 12 month low of $22.80 and a 12 month high of $33.33. The company has a 50-day moving average price of $28.70 and a 200 day moving average price of $27.04.

Conrad Industries (OTCMKTS:CNRD) last posted its quarterly earnings data on Friday, August 14th. The company reported $0.65 earnings per share for the quarter. Conrad Industries had a net margin of 5.68% and a return on equity of 16.27%.

Conrad Industries Company Profile

Conrad Industries, Inc. designs, builds, overhauls and repairs commercial vessels and other marine equipment. Its work includes vessels such as tugboats, pushboats, offshore supply vessels, ferries and barges, serving customers in the maritime and energy industries. Founded in 1948, the company operates shipyards in Louisiana and Texas. Its facilities support new construction as well as maintenance, conversion and repair projects for vessels operating along the Gulf Coast and other waterways.