Short Interest in Mcrae Industrie (OTCMKTS:MCRAA) Expands By 258.8%
by Kim Johansen · The Markets DailyMcrae Industrie (OTCMKTS:MCRAA – Get Free Report) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 61 shares, a growth 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. Approximately 0.0% of the shares of the company are sold short.
Mcrae Industrie Stock Performance
Shares of MCRAA stock remained flat at $50.50 on Thursday. The business’s 50 day simple moving average is $48.78 and its two-hundred day simple moving average is $46.94. Mcrae Industrie has a 1 year low of $42.87 and a 1 year high of $50.59. The stock has a market cap of $95.44 million, a price-to-earnings ratio of 23.93 and a beta of 0.04.
Mcrae Industrie (OTCMKTS:MCRAA – Get Free Report) last issued its quarterly earnings data on Monday, June 15th. The company reported $0.38 earnings per share for the quarter. The business had revenue of $27.42 million during the quarter.
About Mcrae Industrie
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.