Conrad Industries Inc. (OTCMKTS:CNRD) Stock Short Interest Falls 84.2%

Conrad Industries Inc. (OTCMKTS:CNRD – Get Free Report) saw a large decline in short interest in September. As of September 15th, there was short interest totaling 16 shares, a decline of 84.2% from the August 31st total of 101 shares. Based on an average daily trading volume, of 1,693 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Conrad Industries Stock Performance

Shares of OTCMKTS:CNRD traded up $0.24 during trading on Friday, reaching $29.35. The company had a trading volume of 1,704 shares, compared to its average volume of 1,081. The firm’s fifty day moving average is $29.63 and its 200 day moving average is $26.82. The firm has a market capitalization of $147.34 million, a PE ratio of 8.84 and a beta of 0.53. Conrad Industries has a twelve month low of $22.80 and a twelve month high of $33.33.

Conrad Industries (OTCMKTS:CNRD – Get Free Report) last posted its quarterly earnings data on Friday, August 14th. The company reported $0.65 EPS for the quarter. Conrad Industries had a net margin of 5.68% and a return on equity of 16.27%.

Conrad Industries Company Profile

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Conrad Industries, Inc is a U.S.-based shipbuilding and marine services company that designs, constructs, repairs and overhauls vessels for commercial and government customers. Its work serves marine transportation, energy, towing, dredging, offshore support and other specialized maritime markets.

The company builds a range of vessels, including tugboats, barges, liftboats, ferries, offshore service vessels and other custom-designed marine craft. Conrad also provides vessel repair, conversion, maintenance and refurbishment services, helping customers extend the operating lives of their fleets and adapt vessels for new applications.

Conrad Industries operates shipbuilding facilities in Louisiana, including locations in Morgan City and Amelia.

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