Mcrae Industrie (OTCMKTS:MCRAA) Short Interest Up 258.8% in July

Mcrae Industrie (OTCMKTS:MCRAA) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 61 shares, an increase of 258.8% from the July 15th total of 17 shares. Based on an average daily trading volume, of 1,075 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Mcrae Industrie Stock Performance

Mcrae Industrie stock opened at $50.50 on Friday. Mcrae Industrie has a 52 week low of $42.87 and a 52 week high of $50.59. The firm has a market capitalization of $95.44 million, a price-to-earnings ratio of 23.93 and a beta of 0.04. The company has a 50 day moving average price of $48.91 and a 200 day moving average price of $47.01.

Mcrae Industrie (OTCMKTS:MCRAA) last issued its quarterly earnings results on Monday, June 15th. The company reported $0.38 earnings per share for the quarter. The business 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.