Conifer Holdings, Inc. (NASDAQ:CNFR) Sees Significant Decrease in Short Interest

Conifer Holdings, Inc. (NASDAQ:CNFR) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 100 shares, a decline of 96.8% from the February 28th total of 3,100 shares. Based on an average daily trading volume, of 9,100 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Conifer Trading Down 1.7 %

NASDAQ:CNFR opened at $0.66 on Thursday. Conifer has a 1 year low of $0.60 and a 1 year high of $1.91. 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 stock has a fifty day moving average price of $0.94 and a two-hundred day moving average price of $1.05. The stock has a market capitalization of $8.09 million, a price-to-earnings ratio of 0.27 and a beta of 0.55.

Hedge Funds Weigh In On Conifer

A hedge fund recently bought a new stake in Conifer stock. Citadel Advisors LLC bought a new stake in Conifer Holdings, Inc. (NASDAQ:CNFR) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 22,412 shares of the insurance provider’s stock, valued at approximately $26,000. Citadel Advisors LLC owned approximately 0.18% of Conifer at the end of the most recent quarter. 34.88% of the stock is currently owned by institutional investors and hedge funds.

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.