Conrad Industries Inc. (OTCMKTS:CNRD) Short Interest Update

Conrad Industries Inc. (OTCMKTS:CNRD) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 47 shares, a drop of 98.7% from the July 15th total of 3,508 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 9,755 shares, the days-to-cover ratio is currently 0.0 days.

Conrad Industries Price Performance

Shares of OTCMKTS CNRD opened at $29.41 on Thursday. The stock has a market capitalization of $147.59 million, a price-to-earnings ratio of 7.68 and a beta of 0.53. The firm’s 50 day simple moving average is $27.36 and its 200-day simple moving average is $26.11. Conrad Industries has a 12 month low of $19.00 and a 12 month high of $33.33.

Conrad Industries (OTCMKTS:CNRD) last released its quarterly earnings results 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 for the quarter.

About Conrad Industries

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.