Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) Short Interest Up 200.0% in August

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVRGet Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 600 shares, a growth of 200.0% from the August 15th total of 200 shares. Based on an average trading volume of 2,700 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 2,700 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen started coverage on shares of Chicago Rivet & Machine in a report on Thursday, May 22nd. They issued a “sell” rating for the company.

Get Our Latest Analysis on CVR

Chicago Rivet & Machine Price Performance

Shares of CVR stock opened at $9.80 on Friday. Chicago Rivet & Machine has a 1-year low of $8.15 and a 1-year high of $22.27. The business’s 50-day moving average is $11.36. The company has a debt-to-equity ratio of 0.03, a quick ratio of 3.41 and a current ratio of 6.77. The stock has a market cap of $9.51 million, a price-to-earnings ratio of -1.61 and a beta of 0.12.

Chicago Rivet & Machine Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 19th. Shareholders of record on Friday, September 5th will be given a $0.03 dividend. The ex-dividend date of this dividend is Friday, September 5th. This represents a $0.12 annualized dividend and a yield of 1.2%. Chicago Rivet & Machine’s dividend payout ratio (DPR) is -3.27%.

Chicago Rivet & Machine Company Profile

(Get Free Report)

Chicago Rivet & Machine Co engages in the manufacturing and sale of rivets and specialty cold formed parts, as well as automatic rivet setting equipment and automated assembly systems. It operates through the following segments: Fasteners and Assembly Equipment. The Fasteners segment includes rivets, cold-formed fasteners, and parts and screw machine products.

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