Conifer Holdings, Inc. (NASDAQ:CNFR) Short Interest Down 62.2% in February

Conifer Holdings, Inc. (NASDAQ:CNFR) saw a significant decrease in short interest in February. As of February 28th, there was short interest totalling 3,100 shares, a decrease of 62.2% from the February 13th total of 8,200 shares. Based on an average trading volume of 9,800 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

Conifer Trading Down 6.7 %

CNFR stock traded down $0.05 on Friday, reaching $0.76. The company’s stock had a trading volume of 297 shares, compared to its average volume of 6,496. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.66 and a current ratio of 0.66. The business has a fifty day simple moving average of $1.00 and a two-hundred day simple moving average of $1.07. The firm has a market cap of $9.24 million, a PE ratio of 0.31 and a beta of 0.55. Conifer has a 12-month low of $0.65 and a 12-month high of $1.91.

Institutional Investors Weigh In On Conifer

A hedge fund recently bought a new stake in Conifer stock. Nemes Rush Group LLC acquired a new stake in shares of Conifer Holdings, Inc. (NASDAQ:CNFR) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 41,115 shares of the insurance provider’s stock, valued at approximately $48,000. Nemes Rush Group LLC owned approximately 0.34% of Conifer as of its most recent filing with the SEC. Hedge funds and other institutional investors own 34.88% of the company’s stock.

Conifer Company Profile

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.