Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) Short Interest Up 99.1% in January

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 6,037 shares, an increase of 99.1% from the December 31st total of 3,032 shares. Based on an average daily volume of 5,384 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.6% of the company’s stock are short sold. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 5,384 shares, the days-to-cover ratio is currently 1.1 days.

Chicago Rivet & Machine Stock Performance

Shares of CVR stock opened at $13.15 on Friday. The company has a market capitalization of $12.76 million, a price-to-earnings ratio of -2.92 and a beta of 0.07. Chicago Rivet & Machine has a 1-year low of $8.15 and a 1-year high of $16.24. The company has a current ratio of 5.97, a quick ratio of 3.17 and a debt-to-equity ratio of 0.02. The stock’s fifty day simple moving average is $12.81 and its 200-day simple moving average is $11.27.

Chicago Rivet & Machine (NYSEAMERICAN:CVR) last announced its quarterly earnings data on Friday, November 7th. The company reported $0.07 EPS for the quarter. The firm had revenue of $7.36 million during the quarter. Chicago Rivet & Machine had a negative return on equity of 21.59% and a negative net margin of 16.69%.

Chicago Rivet & Machine Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, December 5th were paid a $0.03 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.9%. Chicago Rivet & Machine’s dividend payout ratio is -3.27%.

Chicago Rivet & Machine Company Profile

Chicago Rivet & Machine Co is a Chicago, Illinois–based manufacturer specializing in the design and production of rivets, fasteners and related metal components. The company’s product portfolio includes solid and blind rivets, threaded inserts, screws, bolts, nuts and washers, engineered to meet the requirements of high-precision industrial applications.

Serving a diverse customer base, Chicago Rivet & Machine brings expertise in material selection and heat-treatment processes to deliver fasteners that meet stringent specifications for strength, corrosion resistance and durability.