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

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

Chicago Rivet & Machine Stock Performance

Shares of CVR traded up $0.28 during mid-day trading on Friday, reaching $10.10. 3,624 shares of the company were exchanged, compared to its average volume of 1,738. Chicago Rivet & Machine has a 52 week low of $8.50 and a 52 week high of $15.00. The business has a 50 day simple moving average of $10.12 and a two-hundred day simple moving average of $11.88. The stock has a market capitalization of $9.80 million, a PE ratio of -4.81 and a beta of 0.28.

Chicago Rivet & Machine (NYSEAMERICAN:CVR) last posted its quarterly earnings data on Friday, May 8th. The company reported ($0.37) earnings per share for the quarter. Chicago Rivet & Machine had a negative return on equity of 10.54% and a negative net margin of 7.15%.The business had revenue of $6.85 million during 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.