Short Interest in Conifer Holdings, Inc. (NASDAQ:CNFR) Rises By 49.2%

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

Conifer Stock Down 1.3 %

NASDAQ:CNFR traded down $0.02 during midday trading on Friday, hitting $1.17. The company had a trading volume of 4,323 shares, compared to its average volume of 594,609. The company has a market capitalization of $14.36 million, a PE ratio of 0.49 and a beta of 0.63. The stock’s fifty day moving average price is $1.12 and its 200-day moving average price is $0.98. Conifer has a 52-week low of $0.65 and a 52-week high of $1.91.

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

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.