Conifer Holdings, Inc. (NASDAQ:CNFR) Short Interest Update

Conifer Holdings, Inc. (NASDAQ:CNFR) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 1,800 shares, an increase of 5.9% from the May 31st total of 1,700 shares. Based on an average trading volume of 6,500 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

Conifer Stock Up 7.4 %

Conifer stock opened at $0.87 on Friday. The business’s 50-day simple moving average is $0.91 and its 200 day simple moving average is $1.08. The stock has a market cap of $10.63 million, a price-to-earnings ratio of -0.40 and a beta of 0.62. Conifer has a 12-month low of $0.65 and a 12-month high of $1.69.

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