Conifer Holdings, Inc. (NASDAQ:CNFR – Get Free Report) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 5,300 shares, a drop of 71.2% from the August 15th total of 18,400 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,800,000 shares, the short-interest ratio is currently 0.0 days.
Conifer Price Performance
NASDAQ CNFR traded down $0.08 during trading on Friday, reaching $1.00. The company’s stock had a trading volume of 83,425 shares, compared to its average volume of 756,849. The firm has a fifty day moving average of $0.91 and a 200 day moving average of $0.96. Conifer has a one year low of $0.65 and a one year high of $1.91. The stock has a market capitalization of $12.22 million, a PE ratio of -0.47 and a beta of 0.63.
Conifer (NASDAQ:CNFR – Get Free Report) last released its quarterly earnings results on Tuesday, August 13th. The insurance provider reported ($0.30) EPS for the quarter. The company had revenue of $26.85 million during the quarter. Conifer had a negative return on equity of 524.00% and a negative net margin of 25.94%.
About Conifer
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.
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