Mcrae Industrie (OTCMKTS:MCRAA) Short Interest Up 326.2% in August

Mcrae Industrie (OTCMKTS:MCRAA) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 260 shares, a growth of 326.2% from the July 30th total of 61 shares. Based on an average trading volume of 60 shares, the days-to-cover ratio is currently 4.3 days. Currently, 0.0% of the company’s stock are sold short.

Mcrae Industrie Price Performance

Shares of Mcrae Industrie stock remained flat at $50.83 during trading hours on Thursday. Mcrae Industrie has a 52-week low of $42.87 and a 52-week high of $50.83. The firm’s 50-day simple moving average is $49.47 and its two-hundred day simple moving average is $47.37. The stock has a market capitalization of $95.97 million, a P/E ratio of 24.09 and a beta of 0.04.

Mcrae Industrie (OTCMKTS:MCRAA) last announced its earnings results on Monday, June 15th. The company reported $0.38 earnings per share (EPS) for the quarter. The business 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.