Mcrae Industrie (OTCMKTS:MCRAA) Sees Significant Decrease in Short Interest

Mcrae Industrie (OTCMKTS:MCRAA) saw a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 401 shares, a decline of 14.9% from the February 12th total of 471 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 224 shares, the days-to-cover ratio is presently 1.8 days. Based on an average daily trading volume, of 224 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.0% of the shares of the company are short sold.

Mcrae Industrie Stock Performance

Shares of MCRAA stock opened at $46.00 on Monday. Mcrae Industrie has a 12 month low of $42.87 and a 12 month high of $51.50. The stock has a market cap of $86.94 million, a P/E ratio of 14.47 and a beta of 0.09. The company has a 50 day simple moving average of $44.82 and a two-hundred day simple moving average of $44.93.

Mcrae Industrie (OTCMKTS:MCRAA) last issued its quarterly 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.