CVR Partners LP (NYSE:UAN) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totalling 187,900 shares, an increase of 92.5% from the May 30th total of 97,600 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 114,200 shares, the days-to-cover ratio is currently 1.6 days.

Institutional investors have recently made changes to their positions in the business. Raging Capital Management LLC increased its holdings in shares of CVR Partners by 5.0% in the 4th quarter. Raging Capital Management LLC now owns 5,354,384 shares of the basic materials company’s stock valued at $18,205,000 after purchasing an additional 256,786 shares in the last quarter. JPMorgan Chase & Co. grew its stake in CVR Partners by 2.0% in the 1st quarter. JPMorgan Chase & Co. now owns 3,011,675 shares of the basic materials company’s stock valued at $11,926,000 after acquiring an additional 58,260 shares during the last quarter. Citigroup Inc. grew its stake in CVR Partners by 53.8% in the 1st quarter. Citigroup Inc. now owns 1,857,564 shares of the basic materials company’s stock valued at $7,356,000 after acquiring an additional 649,459 shares during the last quarter. Bank of America Corp DE grew its stake in CVR Partners by 40.5% in the 4th quarter. Bank of America Corp DE now owns 256,162 shares of the basic materials company’s stock valued at $871,000 after acquiring an additional 73,819 shares during the last quarter. Finally, LPL Financial LLC grew its stake in CVR Partners by 3.9% in the 4th quarter. LPL Financial LLC now owns 142,539 shares of the basic materials company’s stock valued at $485,000 after acquiring an additional 5,302 shares during the last quarter. Institutional investors own 37.37% of the company’s stock.

Shares of CVR Partners stock opened at $3.58 on Friday. The company has a quick ratio of 0.96, a current ratio of 1.54 and a debt-to-equity ratio of 1.31. CVR Partners has a one year low of $3.10 and a one year high of $4.35. The stock’s fifty day moving average price is $3.66.

CVR Partners (NYSE:UAN) last announced its quarterly earnings data on Wednesday, April 24th. The basic materials company reported ($0.05) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.01. The company had revenue of $91.87 million during the quarter. CVR Partners had a negative net margin of 10.19% and a negative return on equity of 7.42%.

CVR Partners Company Profile

CVR Partners, LP produces, distributes, and markets nitrogen fertilizer products in the United States. The company offers ammonia products for agricultural and industrial customers; and urea and ammonium nitrate products to agricultural customers, as well as retailers and distributors. CVR GP, LLC serves as the general partner of the company.

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