Mcrae Industrie (OTCMKTS:MCRAA) Short Interest Update

Mcrae Industrie (OTCMKTS:MCRAA) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 17 shares, a decline of 95.8% from the June 30th total of 401 shares. Based on an average daily trading volume, of 160 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Mcrae Industrie Price Performance

Shares of MCRAA remained flat at $50.00 during trading hours on Friday. The firm has a market capitalization of $94.50 million, a P/E ratio of 23.70 and a beta of 0.05. Mcrae Industrie has a 1 year low of $42.87 and a 1 year high of $50.59. The stock’s 50-day simple moving average is $47.95 and its two-hundred day simple moving average is $46.35.

Mcrae Industrie (OTCMKTS:MCRAA) last posted its quarterly earnings results on Monday, June 15th. The company reported $0.38 earnings per share (EPS) for the quarter. The company had revenue of $27.42 million during the quarter.

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. The company was founded in 1959 and is headquartered in Mount Gilead, North Carolina.