Short Interest in Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) Expands By 43.1%

Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 4,498 shares, an increase of 43.1% from the January 29th total of 3,144 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 2,012 shares, the short-interest ratio is presently 2.2 days. Based on an average daily volume of 2,012 shares, the short-interest ratio is presently 2.2 days. Approximately 0.5% of the shares of the company are sold short.

Chicago Rivet & Machine Price Performance

CVR stock traded down $0.50 on Friday, reaching $13.50. 1,298 shares of the company’s stock were exchanged, compared to its average volume of 2,759. The company has a quick ratio of 3.17, a current ratio of 5.97 and a debt-to-equity ratio of 0.02. Chicago Rivet & Machine has a twelve month low of $8.15 and a twelve month high of $15.00. The stock has a fifty day moving average of $13.81 and a 200-day moving average of $11.46. The firm has a market cap of $13.10 million, a PE ratio of -3.00 and a beta of 0.11.

Chicago Rivet & Machine Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be given a $0.03 dividend. The ex-dividend date of this dividend is Friday, March 6th. This represents a $0.12 annualized dividend and a dividend yield of 0.9%. 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.