Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) Short Interest Update

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 3,934 shares, a decline of 41.8% from the June 15th total of 6,765 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 1,925 shares, the days-to-cover ratio is presently 2.0 days.

Chicago Rivet & Machine Price Performance

Shares of CVR traded down $0.28 during mid-day trading on Thursday, reaching $9.82. The stock had a trading volume of 4,384 shares, compared to its average volume of 3,922. Chicago Rivet & Machine has a 52-week low of $8.50 and a 52-week high of $15.00. The firm has a market cap of $9.53 million, a price-to-earnings ratio of -4.68 and a beta of 0.28. The business’s fifty day moving average is $10.17 and its 200 day moving average is $11.92.

Chicago Rivet & Machine (NYSEAMERICAN:CVR) last issued its earnings results on Friday, May 8th. The company reported ($0.37) EPS for the quarter. Chicago Rivet & Machine had a negative return on equity of 10.54% and a negative net margin of 7.15%.The firm had revenue of $6.85 million for the quarter.

About Chicago Rivet & Machine

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.