Conifer Holdings, Inc. (NASDAQ:CNFR) Short Interest Down 23.7% in March

Conifer Holdings, Inc. (NASDAQ:CNFR) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 10,600 shares, a decline of 23.7% from the February 29th total of 13,900 shares. Based on an average daily volume of 4,400 shares, the short-interest ratio is currently 2.4 days. Approximately 0.3% of the shares of the company are sold short.

Conifer Stock Performance

NASDAQ:CNFR traded up $0.02 during mid-day trading on Friday, hitting $1.13. 2,746 shares of the company traded hands, compared to its average volume of 4,864. The stock’s fifty day moving average price is $1.20 and its 200-day moving average price is $1.19. Conifer has a one year low of $0.65 and a one year high of $1.80. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 2.14. The firm has a market cap of $13.81 million, a price-to-earnings ratio of -3.14 and a beta of 0.63.

Conifer Company Profile

Conifer Holdings, Inc, an insurance holding company, engages in the sale of property and casualty insurance products. It offers insurance coverage in specialty commercial and personal product lines. The company underwrites various specialty insurance products, including property, general liability, liquor liability, automobile, and homeowners and dwelling policies.