Conifer Holdings, Inc. (NASDAQ:CNFR) Short Interest Up 8.6% in October

Conifer Holdings, Inc. (NASDAQ:CNFR) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 24,000 shares, an increase of 8.6% from the September 30th total of 22,100 shares. Based on an average daily trading volume, of 1,810,000 shares, the short-interest ratio is presently 0.0 days. Currently, 0.7% of the company’s shares are sold short.

Conifer Trading Up 1.3 %

Shares of CNFR opened at $1.25 on Friday. Conifer has a 1 year low of $0.65 and a 1 year high of $1.91. The stock has a market cap of $15.28 million, a P/E ratio of -0.57 and a beta of 0.65. The stock’s 50-day moving average price is $1.06 and its two-hundred day moving average price is $0.96.

Conifer (NASDAQ:CNFR) last released its quarterly earnings results on Tuesday, August 13th. The insurance provider reported ($0.30) EPS for the quarter. The business had revenue of $26.85 million for the quarter. Conifer had a negative return on equity of 524.00% and a negative net margin of 25.94%.

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.