Short Interest in Conrad Industries, Inc. (OTCMKTS:CNRD) Expands By 600.0%

Conrad Industries, Inc. (OTCMKTS:CNRD - Get Free Report) saw a large growth in short interest in May. As of May 31st, there was short interest totalling 700 shares, a growth of 600.0% from the May 15th total of 100 shares. Approximately 0.0% of the company's stock are sold short. Based on an average trading volume of 40,300 shares, the short-interest ratio is currently 0.0 days.

Conrad Industries Stock Down 2.3%

OTCMKTS CNRD traded down $0.37 on Thursday, hitting $15.80. 3,500 shares of the stock were exchanged, compared to its average volume of 6,412. The company has a quick ratio of 1.68, a current ratio of 1.72 and a debt-to-equity ratio of 0.02. Conrad Industries has a fifty-two week low of $8.65 and a fifty-two week high of $16.20. The company has a market cap of $79.28 million, a PE ratio of -46.47 and a beta of 0.50. The company has a 50-day moving average price of $12.92 and a 200-day moving average price of $12.59.

Conrad Industries (OTCMKTS:CNRD - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The company reported $0.77 EPS for the quarter. Conrad Industries had a negative net margin of 0.59% and a negative return on equity of 2.22%.

Conrad Industries Company Profile

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.