Short Interest in Conifer Holdings, Inc. (NASDAQ:CNFR) Increases By 8.6%

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. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 1,810,000 shares, the days-to-cover ratio is presently 0.0 days.

Conifer Trading Up 0.3 %

CNFR stock traded up $0.00 on Wednesday, hitting $1.23. The company’s stock had a trading volume of 17,212 shares, compared to its average volume of 630,928. The stock has a market cap of $15.08 million, a price-to-earnings ratio of -0.55 and a beta of 0.65. The firm has a 50 day moving average of $1.05 and a two-hundred day moving average of $0.96. Conifer has a 1 year low of $0.65 and a 1 year high of $1.91.

Conifer (NASDAQ:CNFR) last issued its quarterly earnings data on Tuesday, August 13th. The insurance provider reported ($0.30) earnings per share (EPS) for the quarter. The firm 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.