Short Interest in Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) Declines By 52.2%

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) saw a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 2,150 shares, a decline of 52.2% from the February 12th total of 4,498 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 3,143 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 3,143 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the shares of the company are sold short.

Chicago Rivet & Machine Stock Performance

NYSEAMERICAN:CVR traded down $0.44 during mid-day trading on Thursday, reaching $13.57. 273 shares of the company’s stock were exchanged, compared to its average volume of 2,908. Chicago Rivet & Machine has a one year low of $8.15 and a one year high of $15.00. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.17 and a current ratio of 5.97. The business’s fifty day simple moving average is $13.84 and its two-hundred day simple moving average is $11.64. The firm has a market capitalization of $13.16 million, a PE ratio of -3.02 and a beta of 0.10.

Chicago Rivet & Machine Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, March 6th will be paid a dividend of $0.03 per share. The ex-dividend date is Friday, March 6th. This represents a $0.12 annualized dividend and a yield of 0.9%. Chicago Rivet & Machine’s dividend payout ratio is presently -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.