McRae Industries, Inc. (OTCMKTS:MCRAA) Short Interest Up 100.0% in May

McRae Industries, Inc. (OTCMKTS:MCRAAGet Rating) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 400 shares, an increase of 100.0% from the April 30th total of 200 shares. Based on an average trading volume of 300 shares, the short-interest ratio is currently 1.3 days.

Shares of OTCMKTS MCRAA traded up $0.39 during midday trading on Friday, reaching $36.39. The company had a trading volume of 1,445 shares, compared to its average volume of 912. McRae Industries has a one year low of $25.50 and a one year high of $38.75. The firm’s fifty day moving average price is $37.25 and its 200-day moving average price is $36.30. The stock has a market cap of $68.89 million, a PE ratio of 66.29 and a beta of 0.48.

McRae Industries (OTCMKTS:MCRAAGet Rating) last announced its quarterly earnings results on Friday, March 18th. The company reported $1.12 earnings per share (EPS) for the quarter. The business had revenue of $31.43 million for the quarter.

The company also recently announced a dividend, which was paid on Wednesday, March 30th. Shareholders of record on Wednesday, March 16th were issued a dividend of $0.13 per share. The ex-dividend date of this dividend was Tuesday, March 15th. This represents a dividend yield of 1.43%.

About McRae Industries (Get Rating)

McRae Industries, Inc manufactures and sells military combat boots for the United States Army. The company also imports and sells western and work boots. It offers its products for men, women, and children under the Dan Post, Laredo Western Boots, Dingo, McRae Industrial, and McRae Footwear brand names.

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