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

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

Mcrae Industrie Price Performance

MCRAA stock opened at $50.00 on Friday. The company 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 company has a market cap of $94.50 million, a price-to-earnings ratio of 23.70 and a beta of 0.05.

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

About Mcrae Industrie

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.