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

CVD Equipment Co. (NASDAQ:CVV) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 25,500 shares, an increase of 24.4% from the August 15th total of 20,500 shares. Based on an average daily trading volume, of 15,300 shares, the short-interest ratio is presently 1.7 days. Approximately 0.5% of the company’s stock are short sold.

CVD Equipment Stock Performance

Shares of NASDAQ CVV opened at $3.30 on Tuesday. The company has a current ratio of 2.39, a quick ratio of 1.88 and a debt-to-equity ratio of 0.01. The company has a 50 day simple moving average of $3.76 and a two-hundred day simple moving average of $4.28. CVD Equipment has a 12 month low of $3.00 and a 12 month high of $7.73. The stock has a market cap of $22.52 million, a price-to-earnings ratio of -4.02 and a beta of 1.38.

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

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of CVD Equipment in a research report on Tuesday, September 10th. They set a “hold” rating on the stock.

About CVD Equipment

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.