Conrad Industries Inc. (OTCMKTS:CNRD) Sees Large Increase in Short Interest

Conrad Industries Inc. (OTCMKTS:CNRD) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 511 shares, a growth of ∞ from the June 15th total of 0 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 5,987 shares, the short-interest ratio is currently 0.1 days.

Conrad Industries Stock Up 1.8%

OTCMKTS CNRD opened at $27.70 on Thursday. The firm has a market cap of $139.05 million, a P/E ratio of 7.23 and a beta of 0.55. The company’s 50 day moving average is $25.47 and its 200-day moving average is $25.66. Conrad Industries has a 12-month low of $18.20 and a 12-month high of $33.33.

Conrad Industries (OTCMKTS:CNRD) last released its quarterly earnings data on Friday, May 15th. The company reported $0.64 EPS for the quarter. Conrad Industries had a net margin of 6.07% and a return on equity of 19.54%. The company had revenue of $69.35 million during the quarter.

Conrad Industries Company Profile

Conrad Industries, Inc is a U.S.-based shipbuilding and marine services company headquartered in Morgan City, Louisiana. The company specializes in the design, construction and repair of steel-hulled vessels for commercial, offshore oil and gas, and government applications. Through its three shipyards in southern Louisiana, Conrad Industries offers end-to-end solutions, from initial engineering and fabrication to final outfitting and delivery.

Its primary product lines include offshore support vessels such as platform supply vessels and crew boats, inland towing vessels and tank barges.