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

Conrad Industries Inc. (OTCMKTS:CNRD) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 3,508 shares, an increase of 586.5% from the June 30th total of 511 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 14,030 shares, the short-interest ratio is presently 0.3 days.

Conrad Industries Trading Up 0.9%

CNRD stock opened at $30.48 on Friday. Conrad Industries has a 1-year low of $18.20 and a 1-year high of $33.33. The business’s 50 day moving average is $26.09 and its 200-day moving average is $25.80. The firm has a market cap of $153.01 million, a P/E ratio of 7.96 and a beta of 0.55.

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