Conrad Industries Inc. (OTCMKTS:CNRD) Shares Shorted: Short Interest Down 84.2% in September

Conrad Industries Inc. (OTCMKTS:CNRD) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 16 shares, a decrease of 84.2% from the August 31st total of 101 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,693 shares, the short-interest ratio is presently 0.0 days.

Conrad Industries Stock Performance

CNRD remained flat at $29.11 on Friday. 1,348 shares of the company were exchanged, compared to its average volume of 802. Conrad Industries has a 52-week low of $22.80 and a 52-week high of $33.33. The firm has a market capitalization of $146.07 million, a PE ratio of 8.77 and a beta of 0.53. The business has a fifty day moving average price of $29.61 and a two-hundred day moving average price of $26.80.

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

About Conrad Industries

Conrad Industries, Inc is a U.S.-based shipbuilding and marine services company that designs, constructs, repairs and overhauls vessels for commercial and government customers. Its work serves marine transportation, energy, towing, dredging, offshore support and other specialized maritime markets.

The company builds a range of vessels, including tugboats, barges, liftboats, ferries, offshore service vessels and other custom-designed marine craft. Conrad also provides vessel repair, conversion, maintenance and refurbishment services, helping customers extend the operating lives of their fleets and adapt vessels for new applications.

Conrad Industries operates shipbuilding facilities in Louisiana, including locations in Morgan City and Amelia.