Conrad Industries Inc. (OTCMKTS:CNRD) Short Interest Up ? in August

Conrad Industries Inc. (OTCMKTS:CNRD) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 101 shares, an increase of ? from the August 15th total of 0 shares. Based on an average daily volume of 4,708 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Conrad Industries Stock Performance

Shares of CNRD stock opened at $28.95 on Tuesday. The firm’s 50 day moving average is $29.27 and its 200 day moving average is $26.72. The stock has a market capitalization of $145.33 million, a P/E ratio of 8.72 and a beta of 0.53. Conrad Industries has a 12 month low of $21.76 and a 12 month high of $33.33.

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

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.