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

Conifer Holdings, Inc. (NASDAQ:CNFR) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 35,800 shares, an increase of 49.2% from the October 15th total of 24,000 shares. Based on an average trading volume of 1,810,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 1.0% of the shares of the company are short sold.

Conifer Price Performance

Shares of NASDAQ:CNFR traded down $0.01 during trading on Thursday, hitting $1.19. 27,301 shares of the company’s stock were exchanged, compared to its average volume of 597,560. The company has a market cap of $14.55 million, a price-to-earnings ratio of 0.49 and a beta of 0.63. The business’s 50-day simple moving average is $1.14 and its 200 day simple moving average is $0.97. Conifer has a 52-week low of $0.65 and a 52-week high of $1.91.

Conifer (NASDAQ:CNFR) last announced its earnings results on Tuesday, August 13th. The insurance provider reported ($0.30) EPS for the quarter. The company had revenue of $26.85 million during 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.