Company Description
McRae Industries, Inc. (MCRAA) is associated with the footwear manufacturing industry within the broader manufacturing sector. The company’s Class A common stock trades on the over-the-counter market and is identified in news releases as being quoted on the Pink Sheets under the ticker symbol MCRAA, with a separate Class B common stock trading as MCRAB. Available information highlights McRae Industries, Inc. as a corporation that maintains an ongoing capital markets presence through regular dividend declarations on both classes of its common stock.
According to company-issued press releases, McRae Industries, Inc. is based in Mount Gilead, North Carolina. While detailed operational and product information is not provided in the available sources, the company is classified under footwear manufacturing, indicating that its business activities relate to the production and manufacturing of footwear within the manufacturing sector. The presence of both Class A and Class B common stock suggests a dual-class share structure, which the company references consistently in its dividend announcements.
Public communications from McRae Industries, Inc. emphasize its pattern of declaring cash dividends on its common stock. Press releases describe dividends declared on both Class A and Class B shares, sometimes including a special dividend component in addition to a regular dividend amount. These distributions are described with specific payable dates and shareholder record dates, underscoring the company’s practice of returning capital to shareholders through periodic cash payments.
All recent news items provided for McRae Industries, Inc. focus on dividend declarations rather than operational updates, acquisitions, or other corporate actions. This suggests that, based on the information currently available, the most visible aspect of McRae Industries, Inc.’s public profile is its dividend policy and the regular communication of dividend amounts and key dates to shareholders via press releases.
McRae Industries, Inc. identifies itself in press releases as the source of the dividend announcements, and each release specifies that the dividends apply to both Class A and Class B Common Stock. The company states that these dividends are payable on particular future dates to shareholders of record as of specified record dates. In some instances, the total dividend per share is broken out to indicate the portion that is a special dividend, clearly distinguishing between recurring and special distributions.
Based on the sector and industry classification provided, McRae Industries, Inc. is aligned with the manufacturing economy and more specifically with footwear manufacturing. However, the available materials do not elaborate on specific product lines, customer segments, or geographic markets beyond the company’s location in Mount Gilead, North Carolina. As a result, the most reliable and verifiable information for investors and observers centers on the company’s corporate identity, share structure, and pattern of dividend declarations.
For investors researching the MCRAA ticker, the key points supported by the available data are:
- McRae Industries, Inc. is associated with the footwear manufacturing industry within the manufacturing sector.
- The company’s Class A and Class B common stock are referenced as trading on the Pink Sheets under symbols MCRAA and MCRAB.
- McRae Industries, Inc. is based in Mount Gilead, North Carolina.
- The company regularly issues press releases announcing dividends on its Class A and Class B common stock, sometimes including special dividends.
Because the available information is limited primarily to dividend-related press releases and basic classification data, any deeper analysis of McRae Industries, Inc.’s operations, strategy, or competitive position would require additional sources beyond those provided here. The description above focuses strictly on what is explicitly stated in the supplied materials.
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No SEC filings available for Mcrae Industries.
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Short Interest History
Short interest in Mcrae Industries (MCRAA) currently stands at 401 shares, representing 0.0% of the float. Over the past 12 months, short interest has decreased by 42.8%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Mcrae Industries (MCRAA) currently stands at 2.8 days, down 53.8% from the previous period. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The ratio has shown significant volatility over the period, ranging from 1.0 to 200.5 days.