Conrad Industries Inc. (OTCMKTS:CNRD) Short Interest Update

Conrad Industries Inc. (OTCMKTS:CNRD) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 511 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average daily trading volume, of 5,987 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Conrad Industries Stock Performance

Shares of OTCMKTS:CNRD traded up $0.36 during midday trading on Friday, hitting $28.30. 3,037 shares of the company’s stock traded hands, compared to its average volume of 4,263. The firm’s fifty day moving average price is $25.55 and its two-hundred day moving average price is $25.66. Conrad Industries has a twelve month low of $18.20 and a twelve month high of $33.33. The company has a market cap of $142.07 million, a PE ratio of 7.39 and a beta of 0.55.

Conrad Industries (OTCMKTS:CNRD) last released its quarterly earnings data on Friday, May 15th. The company reported $0.64 EPS for the quarter. The company had revenue of $69.35 million for the quarter. Conrad Industries had a return on equity of 19.54% and a net margin of 6.07%.

About Conrad Industries

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.