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

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

Chicago Rivet & Machine Price Performance

CVR stock opened at $13.15 on Friday. Chicago Rivet & Machine has a 52-week low of $8.15 and a 52-week high of $16.24. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.17 and a current ratio of 5.97. The firm has a market capitalization of $12.76 million, a price-to-earnings ratio of -2.92 and a beta of 0.07. The firm has a 50 day moving average price of $12.81 and a 200-day moving average price of $11.27.

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

Chicago Rivet & Machine Announces Dividend

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

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.