CVD Equipment Corporation (NASDAQ:CVV) Short Interest Update

CVD Equipment Corporation (NASDAQ:CVV) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 23,100 shares, a decrease of 51.7% from the September 15th total of 47,800 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily volume of 32,300 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 32,300 shares, the short-interest ratio is presently 0.7 days. Currently, 0.4% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of CVD Equipment in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, CVD Equipment currently has an average rating of “Sell”.

CVD Equipment Stock Performance

CVV opened at $3.95 on Monday. The stock has a market capitalization of $27.18 million, a price-to-earnings ratio of -78.98 and a beta of 0.87. The company has a fifty day moving average of $3.18 and a 200 day moving average of $3.14. CVD Equipment has a fifty-two week low of $2.46 and a fifty-two week high of $4.80. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.49 and a current ratio of 4.00.

CVD Equipment (NASDAQ:CVV) last posted its earnings results on Tuesday, August 12th. The industrial products company reported ($0.15) earnings per share for the quarter. The company had revenue of $5.11 million for the quarter. CVD Equipment had a negative net margin of 1.27% and a negative return on equity of 1.44%.

About CVD Equipment

CVD Equipment Corporation, together with its subsidiaries, designs, develops, manufactures, and sells equipment to develop and manufacture materials and coatings in the United States and internationally. It operates through three segments: CVD Equipment, Stainless Design Concepts, and CVD Materials. The CVD Equipment segment offers chemical vapor deposition, physical vapor transport, and thermal process equipment under the FirstNano brand for various markets, such as high power electronics, aerospace advanced materials for gas turbine jet engines, and nanomaterials used in batteries, as well as semiconductors, LEDs, carbon nanotubes, nanowires, solar cells, and other industrial and research applications.