Short Interest in Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) Drops By 41.8%

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVRGet Free Report) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 3,934 shares, a decline of 41.8% from the June 15th total of 6,765 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 1,925 shares, the short-interest ratio is currently 2.0 days.

Chicago Rivet & Machine Stock Down 2.8%

CVR stock traded down $0.28 during mid-day trading on Thursday, hitting $9.82. 4,384 shares of the company were exchanged, compared to its average volume of 3,922. Chicago Rivet & Machine has a 12-month low of $8.50 and a 12-month high of $15.00. The firm has a market capitalization of $9.53 million, a P/E ratio of -4.68 and a beta of 0.28. The business has a fifty day simple moving average of $10.17 and a 200-day simple moving average of $11.92.

Chicago Rivet & Machine (NYSEAMERICAN:CVRGet Free Report) last issued its quarterly earnings data on Friday, May 8th. The company reported ($0.37) EPS for the quarter. Chicago Rivet & Machine had a negative return on equity of 10.54% and a negative net margin of 7.15%.The company had revenue of $6.85 million during the quarter.

Chicago Rivet & Machine Company Profile

(Get Free Report)

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.

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