Short Interest in Conrad Industries, Inc. (OTCMKTS:CNRD) Expands By 250.0%

Conrad Industries, Inc. (OTCMKTS:CNRD) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 700 shares, an increase of 250.0% from the March 15th total of 200 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 7,700 shares, the short-interest ratio is currently 0.1 days.

Conrad Industries Trading Up 1.3 %

CNRD traded up $0.15 during midday trading on Wednesday, reaching $11.50. 1,489 shares of the company’s stock traded hands, compared to its average volume of 4,937. Conrad Industries has a 52 week low of $6.50 and a 52 week high of $14.05. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.72 and a quick ratio of 1.68. The firm has a fifty day moving average of $11.71 and a two-hundred day moving average of $11.88. The stock has a market capitalization of $57.71 million, a price-to-earnings ratio of -33.82 and a beta of 0.40.

About Conrad Industries

Conrad Industries, Inc engages in the construction, conversion, and repair of various steel and aluminum marine vessels in the United States. The company builds harbor tugs; specialty barges, such as crane, deck, ABS class, dry bulk cargo, aggregate, and well stim barges; inland tank, LPG inland tank, LPG pressure, LPG tank, and DS tank barges; and offshore support vessels, including liftboats, crew boats, offshore supply vessels, and offshore tugs, as well as other support equipment, such as deck and crane barges.