Short Interest in Mcrae Industrie (OTCMKTS:MCRAA) Declines By 95.8%

Mcrae Industrie (OTCMKTS:MCRAA) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 17 shares, a decrease of 95.8% from the June 30th total of 401 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 160 shares, the short-interest ratio is presently 0.1 days.

Mcrae Industrie Stock Performance

MCRAA remained flat at $50.00 during trading on Friday. The stock has a market capitalization of $94.50 million, a price-to-earnings ratio of 23.70 and a beta of 0.05. Mcrae Industrie has a 1-year low of $42.87 and a 1-year high of $50.59. The stock’s 50 day moving average is $47.95 and its 200-day moving average is $46.35.

Mcrae Industrie (OTCMKTS:MCRAA) last released its earnings results on Monday, June 15th. The company reported $0.38 earnings per share for the quarter. The firm had revenue of $27.42 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.