Conifer Holdings, Inc. (NASDAQ:CNFR) Short Interest Up 49.2% in October

Conifer Holdings, Inc. (NASDAQ:CNFR) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 35,800 shares, an increase of 49.2% from the October 15th total of 24,000 shares. Currently, 1.0% of the company’s shares are sold short. Based on an average daily volume of 1,810,000 shares, the days-to-cover ratio is presently 0.0 days.

Conifer Stock Down 1.3 %

Shares of CNFR traded down $0.02 during trading hours on Friday, hitting $1.17. The company had a trading volume of 4,323 shares, compared to its average volume of 594,609. The firm has a market cap of $14.36 million, a P/E ratio of 0.49 and a beta of 0.63. Conifer has a 52-week low of $0.65 and a 52-week high of $1.91. The stock’s 50 day moving average price is $1.12 and its 200 day moving average price is $0.98.

Conifer (NASDAQ:CNFR) last announced its quarterly earnings data on Tuesday, August 13th. The insurance provider reported ($0.30) earnings per share for the quarter. Conifer had a net margin of 34.76% and a negative return on equity of 524.00%. The company had revenue of $26.85 million during the quarter.

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.