Short Interest in Conifer Holdings, Inc. (NASDAQ:CNFR) Increases By 155.6%

Conifer Holdings, Inc. (NASDAQ:CNFR) saw a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 18,400 shares, a growth of 155.6% from the July 31st total of 7,200 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily volume of 30,200 shares, the days-to-cover ratio is presently 0.6 days.

Conifer Stock Performance

Shares of NASDAQ:CNFR traded up $0.01 during midday trading on Thursday, reaching $0.66. The company’s stock had a trading volume of 1,491 shares, compared to its average volume of 16,329. The firm has a market capitalization of $8.08 million, a price-to-earnings ratio of -0.30 and a beta of 0.62. The firm has a 50 day moving average price of $0.83 and a two-hundred day moving average price of $0.96. Conifer has a fifty-two week low of $0.65 and a fifty-two week high of $1.56.

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.