Mcrae Industrie (OTCMKTS:MCRAA) Short Interest Down 14.9% in February

Mcrae Industrie (OTCMKTS:MCRAA) was the target of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 401 shares, a decline of 14.9% from the February 12th total of 471 shares. Based on an average daily trading volume, of 224 shares, the short-interest ratio is presently 1.8 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 224 shares, the short-interest ratio is presently 1.8 days.

Mcrae Industrie Price Performance

OTCMKTS MCRAA opened at $46.00 on Tuesday. The stock’s fifty day moving average price is $44.86 and its 200 day moving average price is $44.93. Mcrae Industrie has a 1 year low of $42.87 and a 1 year high of $51.50. The company has a market cap of $86.94 million, a price-to-earnings ratio of 14.47 and a beta of 0.09.

Mcrae Industrie (OTCMKTS:MCRAA) last issued its 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.

About Mcrae Industrie

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.