CVR Partners, LP (NYSE:UAN) Sees Large Decrease in Short Interest

CVR Partners, LP (NYSE:UAN) was the recipient of a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 183,648 shares, a drop of 13.6% from the February 12th total of 212,644 shares. Approximately 1.1% of the shares of the company are sold short. Based on an average daily trading volume, of 74,512 shares, the days-to-cover ratio is presently 2.5 days. Based on an average daily trading volume, of 74,512 shares, the days-to-cover ratio is presently 2.5 days. Approximately 1.1% of the shares of the company are sold short.

Hedge Funds Weigh In On CVR Partners

Hedge funds and other institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. acquired a new position in CVR Partners in the 2nd quarter valued at $16,516,000. Oxbow Advisors LLC boosted its holdings in shares of CVR Partners by 2,439.6% in the fourth quarter. Oxbow Advisors LLC now owns 66,030 shares of the basic materials company’s stock valued at $6,768,000 after acquiring an additional 63,430 shares in the last quarter. Natixis purchased a new stake in shares of CVR Partners in the second quarter valued at about $4,442,000. ING Groep NV increased its stake in shares of CVR Partners by 156.9% during the fourth quarter. ING Groep NV now owns 50,100 shares of the basic materials company’s stock worth $5,135,000 after acquiring an additional 30,600 shares during the period. Finally, GraniteShares Advisors LLC acquired a new position in shares of CVR Partners during the fourth quarter worth about $2,876,000. 43.83% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

UAN has been the subject of a number of research reports. Wall Street Zen cut CVR Partners from a “strong-buy” rating to a “hold” rating in a research note on Saturday, February 21st. Weiss Ratings cut shares of CVR Partners from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, February 19th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, CVR Partners has a consensus rating of “Hold”.

CVR Partners Stock Performance

NYSE UAN opened at $133.40 on Thursday. The firm has a market cap of $2.28 billion, a P/E ratio of 14.28 and a beta of 0.60. CVR Partners has a 52-week low of $63.45 and a 52-week high of $139.50. The business’s 50-day moving average price is $111.60 and its 200 day moving average price is $100.40. The company has a quick ratio of 1.36, a current ratio of 2.21 and a debt-to-equity ratio of 2.14.

CVR Partners (NYSE:UAN) last posted its quarterly earnings data on Wednesday, February 18th. The basic materials company reported ($0.97) EPS for the quarter. CVR Partners had a net margin of 16.28% and a return on equity of 32.82%. The company had revenue of $131.07 million for the quarter.

CVR Partners Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Monday, March 2nd. CVR Partners’s dividend payout ratio is 15.85%.

About CVR Partners

CVR Partners, L.P. (NYSE: UAN) is a publicly traded master limited partnership focused on the production and marketing of nitrogen fertilizer products. Headquartered in Sugar Land, Texas, the partnership owns and operates two nitrogen fertilizer plants in Coffeyville, Kansas, where it manufactures ammonia, granular urea, and urea ammonium nitrate (UAN) solutions. These products are essential nutrients for a wide range of row and specialty crops, helping growers optimize yield and soil fertility across diverse agricultural applications.

The partnership’s operations center on two integrated facilities connected by pipeline, rail and trucking infrastructure, enabling efficient logistics and year-round production.