Insteel Industries, Inc.
Market Cap
550M
Short interest (May 15)
3.7%
Net Short (Jun 03 ): 0.1%
Borrow Fee
0.35%
↑ 20.3%
Available Shares
200K
↓ 56.4%
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Company Overview
Insteel Industries Inc produces and sells prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). PC strand, a high-strength seven-wire cable, is used to strengthen precast concrete in structures like bridges, parking decks, and buildings, enabling longer spans and slimmer designs. WWR includes engineered structural mesh for primary reinforcement, concrete pipe reinforcement for drainage and sewage systems, and standard WWR for crack control in residential and light commercial construction. The company serves markets in the United States and internationally, with the majority of revenue generated in the United States.
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