RTTNews | Nov 23, 2021 10:11AM EST

10:10 Tuesday, November 23, 2021 (RTTNews.com) - Shares of nano-cap company Conifer Holdings, Inc. (CNFR) jumped over 12% on Tuesday morning despite no-stock related news to drive the shares.

CNFR is currently trading at $2.8375, up $0.3175 or 12.5992%, on the Nasdaq. However, for the year-to-date period, the stock has slipped nearly 15%.

Conifer Holdings, an insurance holding company, engages in the sale of property and casualty insurance products. It offers insurance coverage in specialty commercial and personal product lines.

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