CVD Equipment Corporation (NASDAQ:CVV) Short Interest Update

CVD Equipment Corporation (NASDAQ:CVV) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 42,148 shares, an increase of 67.2% from the March 15th total of 25,201 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily volume of 991,219 shares, the short-interest ratio is presently 0.0 days.

CVD Equipment Price Performance

NASDAQ CVV traded up $0.14 on Wednesday, hitting $4.28. 44,857 shares of the company’s stock were exchanged, compared to its average volume of 237,773. The firm’s 50-day moving average price is $4.09 and its two-hundred day moving average price is $3.85. CVD Equipment has a fifty-two week low of $2.46 and a fifty-two week high of $6.25. The firm has a market cap of $29.67 million, a price-to-earnings ratio of -19.43 and a beta of 0.95.

Analyst Upgrades and Downgrades

CVV has been the topic of a number of analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of CVD Equipment in a research report on Wednesday, January 21st. Wall Street Zen cut shares of CVD Equipment from a “hold” rating to a “sell” rating in a research note on Saturday, April 4th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Institutional Investors Weigh In On CVD Equipment

Hedge funds and other institutional investors have recently bought and sold shares of the business. DRW Securities LLC purchased a new stake in shares of CVD Equipment during the 4th quarter worth $45,000. Citadel Advisors LLC increased its holdings in shares of CVD Equipment by 93.6% in the 3rd quarter. Citadel Advisors LLC now owns 41,382 shares of the industrial products company’s stock valued at $139,000 after purchasing an additional 20,011 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of CVD Equipment by 5.2% in the third quarter. Dimensional Fund Advisors LP now owns 71,689 shares of the industrial products company’s stock valued at $241,000 after purchasing an additional 3,556 shares during the period. Institutional investors and hedge funds own 31.59% of the company’s stock.

About CVD Equipment

CVD Equipment Corporation (NASDAQ: CVV) designs, manufactures and markets custom vacuum deposition systems used to create thin-film coatings and advanced materials for semiconductor, optoelectronic and related industries. Established in 1992 and headquartered in the United States, the company leverages proprietary chemical vapor deposition (CVD), plasma-enhanced CVD, metal-organic CVD (MOCVD), atomic layer deposition (ALD) and physical vapor deposition (PVD) technologies to support both research and production applications.

The company’s product portfolio includes single- and multi-chamber reactors for the deposition of silicon, III-V compounds, metal oxides and other specialty materials, along with fluid-bed reactors for nanoparticle synthesis.