Conrad Industries, Inc. (OTCMKTS:CNRD) Short Interest Up 250.0% in March

Conrad Industries, Inc. (OTCMKTS:CNRD) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 700 shares, an increase of 250.0% from the March 15th total of 200 shares. Based on an average trading volume of 7,700 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Conrad Industries Price Performance

Conrad Industries stock opened at $11.50 on Tuesday. The stock has a market capitalization of $57.71 million, a P/E ratio of -33.82 and a beta of 0.40. Conrad Industries has a 12-month low of $6.50 and a 12-month high of $14.05. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.72 and a quick ratio of 1.68. The firm’s 50-day moving average is $11.71 and its two-hundred day moving average is $11.89.

About Conrad Industries

Conrad Industries, Inc engages in the construction, conversion, and repair of various steel and aluminum marine vessels in the United States. The company builds harbor tugs; specialty barges, such as crane, deck, ABS class, dry bulk cargo, aggregate, and well stim barges; inland tank, LPG inland tank, LPG pressure, LPG tank, and DS tank barges; and offshore support vessels, including liftboats, crew boats, offshore supply vessels, and offshore tugs, as well as other support equipment, such as deck and crane barges.