CVD Equipment Co. (NASDAQ:CVV) Short Interest Update

CVD Equipment Co. (NASDAQ:CVV) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totalling 23,500 shares, a decline of 7.8% from the August 31st total of 25,500 shares. Based on an average daily volume of 16,100 shares, the short-interest ratio is presently 1.5 days. Approximately 0.5% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on CVD Equipment in a research report on Thursday, September 26th. They issued a “hold” rating for the company.

CVD Equipment Price Performance

CVV traded up $0.03 on Tuesday, hitting $3.34. 4,089 shares of the company’s stock were exchanged, compared to its average volume of 15,361. The stock has a market cap of $22.80 million, a price-to-earnings ratio of -4.07 and a beta of 1.38. The firm has a 50-day moving average price of $3.60 and a 200-day moving average price of $4.17. CVD Equipment has a fifty-two week low of $3.00 and a fifty-two week high of $7.14. The company has a current ratio of 2.39, a quick ratio of 1.88 and a debt-to-equity ratio of 0.01.

CVD Equipment (NASDAQ:CVV) last posted its earnings results on Tuesday, August 13th. The industrial products company reported ($0.11) EPS for the quarter. CVD Equipment had a negative net margin of 24.34% and a negative return on equity of 20.25%. The company had revenue of $6.35 million during the quarter.

CVD Equipment Company Profile

CVD Equipment Corporation, together with its subsidiaries, designs, develops, manufactures, and sells equipment to develop and manufacture materials and coatings in the United States and internationally. It operates through three segments: CVD Equipment, Stainless Design Concepts, and CVD Materials. The CVD Equipment segment offers chemical vapor deposition, physical vapor transport, and thermal process equipment under the FirstNano brand for various markets, such as high power electronics, aerospace advanced materials for gas turbine jet engines, and nanomaterials used in batteries, as well as semiconductors, LEDs, carbon nanotubes, nanowires, solar cells, and other industrial and research applications.