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

CVD Equipment Co. (NASDAQ:CVV) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 20,700 shares, an increase of 53.3% from the October 31st total of 13,500 shares. Based on an average trading volume of 24,900 shares, the short-interest ratio is currently 0.8 days. Approximately 0.4% of the shares of the company are short sold.

CVD Equipment Price Performance

NASDAQ CVV traded up $0.16 during trading hours on Friday, reaching $3.19. 15,876 shares of the company’s stock were exchanged, compared to its average volume of 38,205. The firm has a fifty day moving average of $3.12 and a 200-day moving average of $3.64. The company has a current ratio of 2.99, a quick ratio of 2.60 and a debt-to-equity ratio of 0.01. CVD Equipment has a one year low of $2.70 and a one year high of $6.35. The stock has a market cap of $21.95 million, a PE ratio of -5.06 and a beta of 1.39.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of CVD Equipment in a report on Friday. They set 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.