Conrad Industries Inc. (OTCMKTS:CNRD) Shares Shorted: Short Interest Up 171.9% in October

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

Conrad Industries Price Performance

OTCMKTS:CNRD opened at $27.00 on Friday. The firm has a market capitalization of $135.54 million, a price-to-earnings ratio of 8.13 and a beta of 0.54. The business has a 50 day simple moving average of $28.70 and a 200-day simple moving average of $27.04. Conrad Industries has a 1 year low of $22.80 and a 1 year high of $33.33.

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

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.