Short Interest in Mcrae Industrie (OTCMKTS:MCRAA) Rises By 42.4%

Mcrae Industrie (OTCMKTS:MCRAA) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 571 shares, a growth of 42.4% from the January 15th total of 401 shares. Based on an average daily trading volume, of 374 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 374 shares, the days-to-cover ratio is presently 1.5 days.

Mcrae Industrie Price Performance

Shares of MCRAA stock remained flat at $45.00 on Monday. The stock has a market cap of $85.05 million, a P/E ratio of 14.15 and a beta of 0.10. The stock’s 50 day moving average price is $44.16 and its 200-day moving average price is $45.24. Mcrae Industrie has a fifty-two week low of $42.87 and a fifty-two week high of $51.60.

Mcrae Industrie (OTCMKTS:MCRAA) last announced its earnings results on Tuesday, December 16th. The company reported $0.64 earnings per share for the quarter. The business had revenue of $31.20 million for 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.