CVD Equipment Co. (NASDAQ:CVV) Short Interest Up 5.7% in December

CVD Equipment Co. (NASDAQ:CVV) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 29,700 shares, a growth of 5.7% from the December 15th total of 28,100 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 38,000 shares, the short-interest ratio is presently 0.8 days.

CVD Equipment Stock Up 1.3 %

Shares of CVV stock traded up $0.05 during trading hours on Friday, reaching $3.78. 14,895 shares of the stock were exchanged, compared to its average volume of 44,059. CVD Equipment has a 12-month low of $2.70 and a 12-month high of $6.35. The business’s fifty day moving average is $3.63 and its two-hundred day moving average is $3.55. The firm has a market capitalization of $26.01 million, a P/E ratio of -6.00 and a beta of 1.33. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.99 and a quick ratio of 2.60.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of CVD Equipment in a research note on Thursday. They issued 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.