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

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 3,879 shares, a drop of 97.3% from the November 30th total of 143,158 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 5,044 shares, the short-interest ratio is currently 0.8 days. Based on an average daily volume of 5,044 shares, the short-interest ratio is currently 0.8 days. Approximately 0.4% of the company’s shares are short sold.

Chicago Rivet & Machine Trading Down 2.1%

NYSEAMERICAN CVR traded down $0.30 on Thursday, reaching $13.95. The stock had a trading volume of 6,390 shares, compared to its average volume of 8,409. Chicago Rivet & Machine has a 12-month low of $8.15 and a 12-month high of $16.64. The stock has a fifty day moving average price of $10.32 and a two-hundred day moving average price of $11.03. The firm has a market capitalization of $13.53 million, a price-to-earnings ratio of -3.10 and a beta of 0.14. The company has a quick ratio of 3.17, a current ratio of 5.97 and a debt-to-equity ratio of 0.02.

Chicago Rivet & Machine (NYSEAMERICAN:CVR) last issued its quarterly earnings data on Friday, November 7th. The company reported $0.07 earnings per share for the quarter. Chicago Rivet & Machine had a negative return on equity of 21.59% and a negative net margin of 16.69%.The business had revenue of $7.36 million during the quarter.

Chicago Rivet & Machine Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, December 5th were issued a $0.03 dividend. The ex-dividend date was Friday, December 5th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.9%. Chicago Rivet & Machine’s dividend payout ratio is presently -3.27%.

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.