CVD Equipment Co. (NASDAQ:CVV – Get Free Report) was the target of a large increase in short interest in 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. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 15,300 shares, the short-interest ratio is presently 1.7 days.
Wall Street Analyst Weigh In
Separately, StockNews.com assumed coverage on CVD Equipment in a report on Tuesday, September 10th. They set a “hold” rating on the stock.
Check Out Our Latest Research Report on CVD Equipment
CVD Equipment Price Performance
CVD Equipment (NASDAQ:CVV – Get Free Report) last issued its quarterly earnings data on Tuesday, August 13th. The industrial products company reported ($0.11) earnings per share 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 for 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.
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