Mcrae Industrie (OTCMKTS:MCRAA) Sees Large Growth in Short Interest

Mcrae Industrie (OTCMKTS:MCRAA) saw a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 571 shares, a growth of 42.4% from the January 15th total of 401 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 374 shares, the short-interest ratio is presently 1.5 days. Based on an average daily trading volume, of 374 shares, the short-interest ratio is presently 1.5 days. Currently, 0.0% of the company’s stock are sold short.

Mcrae Industrie Stock Performance

Mcrae Industrie stock opened at $45.00 on Tuesday. The business’s fifty day simple moving average is $44.18 and its two-hundred day simple moving average is $45.22. Mcrae Industrie has a 12 month low of $42.87 and a 12 month high of $51.60. The company has a market capitalization of $85.05 million, a price-to-earnings ratio of 14.15 and a beta of 0.10.

Mcrae Industrie (OTCMKTS:MCRAA) last issued its quarterly earnings results on Tuesday, December 16th. The company reported $0.64 earnings per share for the quarter. The company had revenue of $31.20 million for the quarter.

About Mcrae Industrie

McRae Industries, Inc manufactures and sells military combat boots for the United States Army. The company manufactures, sells, and distributes western, lifestyle, 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. The company was founded in 1959 and is headquartered in Mount Gilead, North Carolina.