Short Interest in Conifer Holdings, Inc. (NASDAQ:CNFR) Grows By 372.2%

Conifer Holdings, Inc. (NASDAQ:CNFR) was the target of a large growth in short interest in 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 daily volume of 8,300 shares, the short-interest ratio is presently 1.0 days. Approximately 0.3% of the company’s stock are short sold.

Conifer Stock Performance

NASDAQ:CNFR traded down $0.10 on Thursday, hitting $0.98. The stock had a trading volume of 182,558 shares, compared to its average volume of 8,918. Conifer has a 1 year low of $0.65 and a 1 year high of $1.68. The firm’s fifty day simple moving average is $0.91 and its two-hundred day simple moving average is $1.08. The stock has a market cap of $11.98 million, a P/E ratio of -0.54 and a beta of 0.62.

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

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.