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

Conrad Industries Inc. (OTCMKTS:CNRD) saw a large increase in short interest in 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. Based on an average trading volume of 14,030 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Conrad Industries Stock Up 0.9%

CNRD traded up $0.28 during trading on Friday, reaching $30.48. The company’s stock had a trading volume of 1,405 shares, compared to its average volume of 5,096. The company has a market cap of $153.01 million, a price-to-earnings ratio of 7.96 and a beta of 0.55. The firm has a fifty day simple moving average of $26.09 and a two-hundred day simple moving average of $25.80. Conrad Industries has a 1 year low of $18.20 and a 1 year high of $33.33.

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

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.