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

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 9,170 shares, a growth of 74.3% from the April 30th total of 5,261 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily volume of 5,730 shares, the short-interest ratio is currently 1.6 days.

Chicago Rivet & Machine Stock Performance

NYSEAMERICAN CVR traded up $0.50 on Tuesday, reaching $10.25. 9,103 shares of the company’s stock traded hands, compared to its average volume of 6,273. The firm has a market cap of $9.94 million, a price-to-earnings ratio of -4.88 and a beta of 0.29. The stock has a 50 day moving average price of $10.64 and a 200-day moving average price of $12.07. Chicago Rivet & Machine has a fifty-two week low of $8.50 and a fifty-two week high of $15.00.

Chicago Rivet & Machine (NYSEAMERICAN:CVR) last released 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 net margin of 7.15% and a negative return on equity of 10.54%. The firm 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.