Conifer Holdings, Inc. (NASDAQ:CNFR) Short Interest Up 5.9% in June

Conifer Holdings, Inc. (NASDAQ:CNFR) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totalling 1,800 shares, a growth of 5.9% from the May 31st total of 1,700 shares. Based on an average daily trading volume, of 6,500 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Conifer Stock Performance

Conifer stock traded up $0.06 during mid-day trading on Wednesday, hitting $0.87. 918 shares of the company were exchanged, compared to its average volume of 6,194. The business has a fifty day moving average of $0.92 and a 200 day moving average of $1.09. Conifer has a 1-year low of $0.65 and a 1-year high of $1.69.

Conifer (NASDAQ:CNFR) last announced its earnings results on Tuesday, May 14th. The insurance provider reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $23.08 million during the quarter. Conifer had a negative net margin of 27.43% and a negative return on equity of 524.00%.

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.