Conrad Industries Inc. (OTCMKTS:CNRD) Short Interest Up ∞ in May

Conrad Industries Inc. (OTCMKTS:CNRD) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 653 shares, an increase of ∞ from the April 30th total of 0 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 10,147 shares, the short-interest ratio is currently 0.1 days.

Conrad Industries Stock Performance

OTCMKTS CNRD opened at $25.08 on Monday. The company has a fifty day simple moving average of $24.90 and a two-hundred day simple moving average of $25.74. The stock has a market cap of $125.90 million, a P/E ratio of 6.55 and a beta of 0.56. Conrad Industries has a 12-month low of $14.24 and a 12-month high of $33.33.

Conrad Industries (OTCMKTS:CNRD) last issued its earnings results on Friday, May 15th. The company reported $0.64 earnings per share (EPS) for the quarter. Conrad Industries had a net margin of 6.07% and a return on equity of 19.95%. The firm had revenue of $69.35 million during the quarter.

Conrad Industries Company Profile

Conrad Industries, Inc is a U.S.-based shipbuilding and marine services company headquartered in Morgan City, Louisiana. The company specializes in the design, construction and repair of steel-hulled vessels for commercial, offshore oil and gas, and government applications. Through its three shipyards in southern Louisiana, Conrad Industries offers end-to-end solutions, from initial engineering and fabrication to final outfitting and delivery.

Its primary product lines include offshore support vessels such as platform supply vessels and crew boats, inland towing vessels and tank barges.