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

CVD Equipment Co. (NASDAQ:CVV) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 23,900 shares, an increase of 6.2% from the September 30th total of 22,500 shares. Based on an average trading volume of 17,100 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.5% of the company’s shares are sold short.

CVD Equipment Trading Up 1.0 %

Shares of CVV traded up $0.03 during midday trading on Friday, hitting $2.95. 12,983 shares of the stock were exchanged, compared to its average volume of 15,901. CVD Equipment has a 52-week low of $2.90 and a 52-week high of $6.35. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.88 and a current ratio of 2.39. The stock has a fifty day simple moving average of $3.35 and a 200 day simple moving average of $3.88. The firm has a market cap of $20.30 million, a P/E ratio of -3.83 and a beta of 1.38.

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

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of CVD Equipment in a research note on Monday. They issued a “hold” rating on the stock.

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.