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

Conrad Industries Inc. (OTCMKTS:CNRD) was the recipient of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 47 shares, a decline of 98.7% from the July 15th total of 3,508 shares. Based on an average daily volume of 9,755 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Conrad Industries Trading Up 2.0%

OTCMKTS:CNRD opened at $30.00 on Wednesday. Conrad Industries has a 12-month low of $19.00 and a 12-month high of $33.33. The firm has a market cap of $150.60 million, a price-to-earnings ratio of 7.83 and a beta of 0.53. The company’s 50-day moving average is $27.29 and its two-hundred day moving average is $26.09.

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

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.