Mcrae Industrie (OTCMKTS:MCRAA) Short Interest Up 14.3% in July

Key Points

• Short interest in Mcrae Industrie (OTCMKTS:MCRAA) has increased by 14.3% in July, with a total of 800 shares short sold.
• The company reported earnings of $1.40 per share and revenue of $30.87 million for its last quarter ending June 13th.
• Mcrae Industrie recently declared a $0.14 dividend, with a dividend yield of 1.19% and a payout ratio of 10.59%.

Mcrae Industrie (OTCMKTS:MCRAA - Get Free Report) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 800 shares, anincreaseof14.3% from the June 30th total of 700 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 8.0 days. Approximately0.1% of the shares of the stock are short sold. Approximately0.1% of the shares of the stock are short sold. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 8.0 days.

Mcrae Industrie Stock Performance

MCRAA stock remained flat at $48.28 during midday trading on Friday. The company's stock had a trading volume of 33 shares, compared to its average volume of 182. Mcrae Industrie has a 12 month low of $44.50 and a 12 month high of $52.40. The firm has a 50-day moving average price of $47.16 and a two-hundred day moving average price of $49.00. The stock has a market cap of $91.25 million, a P/E ratio of 9.13 and a beta of 0.17.

Mcrae Industrie (OTCMKTS:MCRAA - Get Free Report) last released its quarterly earnings data on Friday, June 13th. The company reported $1.40 earnings per share for the quarter. The company had revenue of $30.87 million for the quarter.

Mcrae Industrie Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, July 2nd. Stockholders of record on Thursday, June 19th were paid a $0.14 dividend. This represents a dividend yield of 119.0%. The ex-dividend date of this dividend was Wednesday, June 18th. Mcrae Industrie's dividend payout ratio is 10.59%.

Mcrae Industrie Company Profile

McRae Industries, Inc manufactures and sells military combat boots for the United States Army. The company manufactures, sells, and distributes western, lifestyle, and work boots. It offers its products for men, women, and children under the Dan Post, Laredo Western Boots, Dingo, McRae Industrial, and McRae Footwear brand names.