CVR Partners LP (NYSE:UAN) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 207,900 shares, an increase of 38.3% from the September 30th total of 150,300 shares. Based on an average daily volume of 98,000 shares, the short-interest ratio is presently 2.1 days. Currently, 0.3% of the shares of the stock are short sold.

Several hedge funds have recently modified their holdings of UAN. Price Wealth Management Inc. acquired a new stake in shares of CVR Partners in the second quarter valued at about $43,000. Tocqueville Asset Management L.P. acquired a new stake in shares of CVR Partners in the third quarter valued at about $97,000. Clear Street Markets LLC acquired a new stake in shares of CVR Partners in the third quarter valued at about $157,000. Bank of Montreal Can increased its stake in shares of CVR Partners by 157.6% in the second quarter. Bank of Montreal Can now owns 38,643 shares of the basic materials company’s stock valued at $158,000 after buying an additional 23,643 shares during the period. Finally, California Public Employees Retirement System increased its stake in shares of CVR Partners by 5.4% in the third quarter. California Public Employees Retirement System now owns 188,999 shares of the basic materials company’s stock valued at $733,000 after buying an additional 9,600 shares during the period. 38.07% of the stock is owned by institutional investors.

UAN traded down $0.04 on Thursday, reaching $3.08. The stock had a trading volume of 1,082 shares, compared to its average volume of 106,574. CVR Partners has a fifty-two week low of $3.06 and a fifty-two week high of $4.35. The firm has a 50-day moving average of $3.51 and a 200-day moving average of $3.64. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.89 and a quick ratio of 1.22.

CVR Partners (NYSE:UAN) last issued its quarterly earnings results on Wednesday, October 23rd. The basic materials company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.15). The company had revenue of $88.58 million during the quarter. CVR Partners had a negative net margin of 2.75% and a negative return on equity of 2.38%.

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Monday, November 4th were paid a $0.07 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $0.28 annualized dividend and a dividend yield of 9.09%.

A number of brokerages have issued reports on UAN. ValuEngine raised CVR Partners from a “hold” rating to a “buy” rating in a report on Friday, November 8th. TheStreet raised CVR Partners from a “d+” rating to a “c” rating in a report on Thursday, July 25th.

CVR Partners Company Profile

CVR Partners, LP produces, distributes, and markets nitrogen fertilizer products in the United States. The company offers ammonia products for agricultural and industrial customers; and urea and ammonium nitrate products to agricultural customers, as well as retailers and distributors. CVR GP, LLC serves as the general partner of the company.

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