Short Interest in Conifer Holdings, Inc. (NASDAQ:CNFR) Expands By 841.5%

Conifer Holdings, Inc. (NASDAQ:CNFR) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 49,900 shares, a growth of 841.5% from the August 31st total of 5,300 shares. Based on an average daily volume of 1,810,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 1.5% of the company’s stock are short sold.

Conifer Stock Down 1.0 %

Shares of Conifer stock opened at $1.04 on Friday. Conifer has a 12-month low of $0.65 and a 12-month high of $1.91. The business’s 50 day moving average is $0.94 and its 200-day moving average is $0.95. The stock has a market cap of $12.71 million, a P/E ratio of -0.47 and a beta of 0.63.

Conifer (NASDAQ:CNFR) last announced its quarterly earnings results on Tuesday, August 13th. The insurance provider reported ($0.30) EPS for the quarter. The firm had revenue of $26.85 million during the quarter. Conifer had a negative net margin of 25.94% 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.