Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) Sees Large Decrease in Short Interest

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 3,032 shares, a drop of 21.8% from the December 15th total of 3,879 shares. Based on an average daily volume of 12,647 shares, the short-interest ratio is presently 0.2 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 12,647 shares, the short-interest ratio is presently 0.2 days.

Chicago Rivet & Machine Stock Down 0.4%

NYSEAMERICAN CVR traded down $0.06 on Tuesday, hitting $14.05. 2,416 shares of the stock traded hands, compared to its average volume of 4,933. The stock has a 50-day moving average of $12.00 and a 200 day moving average of $11.17. Chicago Rivet & Machine has a twelve month low of $8.15 and a twelve month high of $16.64. The company has a market capitalization of $13.63 million, a P/E ratio of -3.12 and a beta of 0.07. The company has a current ratio of 5.97, a quick ratio of 3.17 and a debt-to-equity ratio of 0.02.

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

Chicago Rivet & Machine Dividend Announcement

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

Chicago Rivet & Machine Company Profile

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.