Crawford & Company (NYSE:CRD.B) Short Interest Down 11.6% in October

Crawford & Company (NYSE:CRD.B) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 37,400 shares, a decline of 11.6% from the September 30th total of 42,300 shares. Based on an average daily trading volume, of 11,500 shares, the days-to-cover ratio is presently 3.3 days. Approximately 0.4% of the shares of the stock are short sold.

Several research firms have issued reports on CRD.B. ValuEngine upgraded shares of Crawford & Company from a “sell” rating to a “hold” rating in a research report on Thursday. Zacks Investment Research upgraded shares of Crawford & Company from a “sell” rating to a “hold” rating in a research report on Wednesday.

Shares of NYSE:CRD.B remained flat at $$10.14 during trading on Friday. 7,684 shares of the company’s stock were exchanged, compared to its average volume of 6,792. The company has a fifty day simple moving average of $9.55 and a two-hundred day simple moving average of $9.23. The firm has a market cap of $538.66 million, a price-to-earnings ratio of 12.68 and a beta of 0.97. Crawford & Company has a 52 week low of $8.00 and a 52 week high of $10.79. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.40.

About Crawford & Company

Crawford & Company provides claims management and outsourcing solutions to the risk management and insurance industry, and self-insured entities. The company's Crawford Claims Solutions segment offers claims management services related to property, casualty, and catastrophe losses caused by physical damage to commercial and residential real properties, and personal properties, as well as marine losses.

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