CVR Partners, LP (NYSE:UAN) Short Interest Up 21.6% in July

CVR Partners, LP (NYSE:UAN) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 76,100 shares, an increase of 21.6% from the June 30th total of 62,600 shares. Approximately 1.2% of the company’s stock are short sold. Based on an average daily trading volume, of 33,200 shares, the days-to-cover ratio is currently 2.3 days.

CVR Partners Stock Up 1.4 %

UAN traded up $1.06 during trading hours on Tuesday, hitting $78.46. 23,010 shares of the stock were exchanged, compared to its average volume of 36,747. The stock has a 50-day simple moving average of $78.28 and a 200-day simple moving average of $75.59. CVR Partners has a 12 month low of $60.50 and a 12 month high of $94.30. The company has a debt-to-equity ratio of 1.84, a quick ratio of 1.38 and a current ratio of 2.29.

CVR Partners (NYSE:UAN) last announced its quarterly earnings data on Monday, July 29th. The basic materials company reported $2.48 earnings per share (EPS) for the quarter. CVR Partners had a return on equity of 26.35% and a net margin of 14.26%. The firm had revenue of $132.90 million for the quarter.

Hedge Funds Weigh In On CVR Partners

Several large investors have recently added to or reduced their stakes in UAN. Independent Advisor Alliance lifted its stake in CVR Partners by 8.8% in the fourth quarter. Independent Advisor Alliance now owns 17,071 shares of the basic materials company’s stock valued at $1,118,000 after buying an additional 1,377 shares during the last quarter. Jump Financial LLC lifted its stake in CVR Partners by 76.4% in the fourth quarter. Jump Financial LLC now owns 8,210 shares of the basic materials company’s stock valued at $538,000 after buying an additional 3,556 shares during the last quarter. Aristides Capital LLC bought a new stake in CVR Partners in the fourth quarter valued at $256,000. Virtu Financial LLC bought a new stake in CVR Partners in the first quarter valued at $506,000. Finally, Parkside Financial Bank & Trust bought a new stake in CVR Partners in the fourth quarter valued at $458,000. 43.83% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com cut CVR Partners from a “buy” rating to a “hold” rating in a research note on Thursday, June 27th.

CVR Partners Company Profile

CVR Partners, LP, together with its subsidiaries, engages in the production and sale of nitrogen fertilizer products in the United States. The company offers ammonia products for agricultural and industrial customers; and urea ammonium nitrate products to agricultural customers, as well as retailers and distributors.