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 July. As of July 15th, there was short interest totaling 6,448 shares, a growth of 63.9% from the June 30th total of 3,934 shares. Based on an average trading volume of 2,055 shares, the short-interest ratio is presently 3.1 days. Approximately 0.7% of the shares of the company are short sold.

Chicago Rivet & Machine Trading Down 1.0%

CVR stock traded down $0.10 during trading on Friday, reaching $10.40. 893 shares of the stock were exchanged, compared to its average volume of 2,546. The stock has a 50 day simple moving average of $10.20 and a 200-day simple moving average of $11.62. The company has a market capitalization of $10.09 million, a P/E ratio of -4.95 and a beta of 0.28. Chicago Rivet & Machine has a twelve month low of $8.50 and a twelve month high of $15.00.

Chicago Rivet & Machine (NYSEAMERICAN:CVR) last posted its earnings results 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 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.