Short Interest in Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) Rises By 63.9%

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 6,448 shares, a growth of 63.9% from the June 30th total of 3,934 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average trading volume of 2,055 shares, the short-interest ratio is presently 3.1 days.

Chicago Rivet & Machine Stock Down 1.0%

Shares of NYSEAMERICAN:CVR opened at $10.40 on Friday. The firm’s 50 day moving average price is $10.20 and its 200-day moving average price is $11.62. The stock has a market capitalization of $10.09 million, a PE ratio of -4.95 and a beta of 0.28. Chicago Rivet & Machine has a twelve month low of $8.50 and a twelve month high of $15.00.

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

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.