Conifer Holdings, Inc. (NASDAQ:CNFR) Short Interest Down 61.1% in December

Conifer Holdings, Inc. (NASDAQ:CNFR) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 5,100 shares, a drop of 61.1% from the December 15th total of 13,100 shares. Based on an average trading volume of 16,300 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Insider Activity at Conifer

In related news, CEO Brian J. Roney sold 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $2.00, for a total transaction of $200,000.00. Following the transaction, the chief executive officer now owns 410,232 shares in the company, valued at $820,464. This trade represents a 19.60 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 70.40% of the stock is owned by insiders.

Conifer Stock Up 0.0 %

NASDAQ CNFR opened at $1.12 on Tuesday. Conifer has a 12 month low of $0.65 and a 12 month high of $1.91. The company has a market capitalization of $13.69 million, a P/E ratio of 0.46 and a beta of 0.56. The company’s 50 day simple moving average is $1.13 and its 200 day simple moving average is $1.03. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.66 and a quick ratio of 0.66.

Conifer Company Profile

Conifer Holdings, Inc, an insurance holding company, engages in the sale of property and casualty insurance products. The company offers insurance coverage in specialty commercial and personal product lines. It also underwrites various specialty insurance products, including property, general liability, liquor liability, automobile, and homeowners and dwelling policies.