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

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) saw a significant drop in short interest in 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. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 12,647 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 12,647 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the shares of the stock are sold short.

Chicago Rivet & Machine Price Performance

Shares of NYSEAMERICAN:CVR traded down $0.39 on Friday, hitting $14.11. The company had a trading volume of 3,735 shares, compared to its average volume of 5,827. 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 has a 52-week low of $8.15 and a 52-week high of $16.64. The business has a 50 day moving average of $11.90 and a 200 day moving average of $11.16. The company has a market cap of $13.69 million, a PE ratio of -3.14 and a beta of 0.07.

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

Chicago Rivet & Machine Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were given a dividend of $0.03 per share. The ex-dividend date was Friday, December 5th. This represents a $0.12 dividend on an annualized basis and a yield of 0.9%. Chicago Rivet & Machine’s dividend payout ratio (DPR) 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.