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

CVD Equipment Co. (NASDAQ:CVV) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 28,100 shares, a decrease of 10.8% from the November 30th total of 31,500 shares. Based on an average daily volume of 30,500 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.5% of the company’s shares are sold short.

CVD Equipment Trading Up 8.9 %

Shares of CVD Equipment stock traded up $0.36 during trading hours on Wednesday, hitting $4.40. The company’s stock had a trading volume of 137,689 shares, compared to its average volume of 20,377. The business has a fifty day moving average of $3.37 and a 200 day moving average of $3.54. CVD Equipment has a 1-year low of $2.70 and a 1-year high of $6.35. The company has a quick ratio of 2.60, a current ratio of 2.99 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $30.28 million, a PE ratio of -6.98 and a beta of 1.42.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of CVD Equipment in a research note on Tuesday. They set a “hold” rating for the company.

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.