Conifer Holdings, Inc. (NASDAQ:CNFR) Short Interest Update

Conifer Holdings, Inc. (NASDAQ:CNFR) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 8,500 shares, a growth of 372.2% from the June 15th total of 1,800 shares. Based on an average trading volume of 8,300 shares, the short-interest ratio is presently 1.0 days. Currently, 0.3% of the shares of the stock are sold short.

Conifer Stock Performance

NASDAQ CNFR traded down $0.08 during trading on Friday, reaching $0.81. 11,560 shares of the company traded hands, compared to its average volume of 9,100. The stock’s 50 day moving average price is $0.91 and its two-hundred day moving average price is $1.08. Conifer has a 1-year low of $0.65 and a 1-year high of $1.68. The company has a market cap of $9.90 million, a price-to-earnings ratio of -0.37 and a beta of 0.62.

Conifer (NASDAQ:CNFR) last released its quarterly earnings results on Tuesday, May 14th. The insurance provider reported $0.02 EPS for the quarter. Conifer had a negative return on equity of 524.00% and a negative net margin of 27.43%. The business had revenue of $23.08 million for the quarter.

Conifer Company Profile

Conifer Holdings, Inc, an insurance holding company, engages in the sale of property and casualty insurance products. The company offers insurance coverage in specialty commercial and personal product lines. It also underwrites various specialty insurance products, including property, general liability, liquor liability, automobile, and homeowners and dwelling policies.