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

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 2,150 shares, a decrease of 52.2% from the February 12th total of 4,498 shares. Based on an average daily volume of 3,143 shares, the short-interest ratio is presently 0.7 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 3,143 shares, the short-interest ratio is presently 0.7 days.

Chicago Rivet & Machine Stock Performance

NYSEAMERICAN:CVR remained flat at $13.57 on Friday. The company’s stock had a trading volume of 253 shares, compared to its average volume of 2,848. The firm has a 50 day moving average of $13.83 and a two-hundred day moving average of $11.66. The company has a debt-to-equity ratio of 0.02, a current ratio of 5.97 and a quick ratio of 3.17. The company has a market cap of $13.16 million, a price-to-earnings ratio of -3.02 and a beta of 0.10. Chicago Rivet & Machine has a 12-month low of $8.15 and a 12-month high of $15.00.

Chicago Rivet & Machine Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be paid a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, March 6th. Chicago Rivet & Machine’s dividend payout ratio (DPR) is currently -3.27%.

About Chicago Rivet & Machine

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.