Short Interest in Mcrae Industrie (OTCMKTS:MCRAA) Decreases By 95.8%

Mcrae Industrie (OTCMKTS:MCRAA) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 17 shares, a decline of 95.8% from the June 30th total of 401 shares. Based on an average daily trading volume, of 160 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Mcrae Industrie Stock Performance

Shares of MCRAA remained flat at $50.00 on Friday. The firm has a 50 day moving average of $47.95 and a two-hundred day moving average of $46.35. Mcrae Industrie has a 12 month low of $42.87 and a 12 month high of $50.59. The firm has a market capitalization of $94.50 million, a price-to-earnings ratio of 23.70 and a beta of 0.05.

Mcrae Industrie (OTCMKTS:MCRAA) last announced its quarterly earnings data on Monday, June 15th. The company reported $0.38 earnings per share (EPS) for the quarter. The business had revenue of $27.42 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.