Short Interest in Mcrae Industrie (OTCMKTS:MCRAA) Drops By 17.5%

Mcrae Industrie (OTCMKTS:MCRAA) was the recipient of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 471 shares, a decline of 17.5% from the January 29th total of 571 shares. Based on an average daily volume of 44 shares, the days-to-cover ratio is currently 10.7 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 44 shares, the days-to-cover ratio is currently 10.7 days.

Mcrae Industrie Price Performance

OTCMKTS:MCRAA opened at $45.55 on Thursday. The firm has a market capitalization of $86.09 million, a P/E ratio of 14.32 and a beta of 0.09. The company has a fifty day moving average of $44.52 and a 200 day moving average of $45.02. Mcrae Industrie has a 52 week low of $42.87 and a 52 week high of $51.50.

Mcrae Industrie (OTCMKTS:MCRAA) last announced its quarterly earnings results on Tuesday, December 16th. The company reported $0.64 earnings per share (EPS) for the quarter. The firm had revenue of $31.20 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.