CVR Partners, LP (NYSE:UAN) Sees Large Drop in Short Interest

CVR Partners, LP (NYSE:UAN) saw a significant decrease in short interest during the month of April. As of April 15th, there was short interest totaling 199,187 shares, a decrease of 17.1% from the March 31st total of 240,151 shares. Approximately 1.9% of the shares of the stock are short sold. Based on an average daily volume of 92,657 shares, the short-interest ratio is presently 2.1 days.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Weiss Ratings cut shares of CVR Partners from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday, February 19th. Wall Street Zen upgraded shares of CVR Partners from a “hold” rating to a “buy” rating in a research report on Saturday. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

CVR Partners Trading Down 0.4%

Shares of NYSE:UAN traded down $0.56 during trading on Friday, reaching $128.25. 65,142 shares of the company traded hands, compared to its average volume of 87,149. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of 11.15 and a beta of 0.16. CVR Partners has a 52-week low of $78.25 and a 52-week high of $139.50. The company has a current ratio of 2.75, a quick ratio of 1.36 and a debt-to-equity ratio of 1.83. The business’s fifty day moving average is $123.75 and its 200-day moving average is $108.61.

CVR Partners (NYSE:UAN) last announced its quarterly earnings results on Wednesday, April 29th. The basic materials company reported $4.72 EPS for the quarter. CVR Partners had a return on equity of 40.08% and a net margin of 18.89%.The company had revenue of $180.05 million during the quarter.

CVR Partners Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 18th. Shareholders of record on Monday, May 11th will be given a dividend of $4.00 per share. This is an increase from CVR Partners’s previous quarterly dividend of $0.37. This represents a $16.00 annualized dividend and a yield of 12.5%. The ex-dividend date of this dividend is Monday, May 11th. CVR Partners’s payout ratio is 12.87%.

Hedge Funds Weigh In On CVR Partners

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Luken Investment Analytics LLC purchased a new position in CVR Partners during the fourth quarter valued at $41,000. NewEdge Advisors LLC increased its holdings in shares of CVR Partners by 33.3% during the fourth quarter. NewEdge Advisors LLC now owns 557 shares of the basic materials company’s stock valued at $57,000 after acquiring an additional 139 shares in the last quarter. Root Financial Partners LLC bought a new position in shares of CVR Partners during the third quarter valued at $54,000. BNP Paribas Financial Markets increased its holdings in shares of CVR Partners by 1,888.6% during the second quarter. BNP Paribas Financial Markets now owns 875 shares of the basic materials company’s stock valued at $78,000 after acquiring an additional 831 shares in the last quarter. Finally, Tucker Asset Management LLC bought a new position in shares of CVR Partners during the fourth quarter valued at $100,000. Hedge funds and other institutional investors own 43.83% of the company’s stock.

CVR Partners Company Profile

CVR Partners, L.P. (NYSE: UAN) is a publicly traded master limited partnership focused on the production and marketing of nitrogen fertilizer products. Headquartered in Sugar Land, Texas, the partnership owns and operates two nitrogen fertilizer plants in Coffeyville, Kansas, where it manufactures ammonia, granular urea, and urea ammonium nitrate (UAN) solutions. These products are essential nutrients for a wide range of row and specialty crops, helping growers optimize yield and soil fertility across diverse agricultural applications.

The partnership’s operations center on two integrated facilities connected by pipeline, rail and trucking infrastructure, enabling efficient logistics and year-round production.