CVD Equipment Co. (NASDAQ:CVV) Short Interest Up 53.3% in November

CVD Equipment Co. (NASDAQ:CVV) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 20,700 shares, a growth of 53.3% from the October 31st total of 13,500 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 24,900 shares, the days-to-cover ratio is presently 0.8 days.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on CVD Equipment in a research note on Friday. They set a “hold” rating on the stock.

CVD Equipment Stock Up 5.3 %

Shares of CVV traded up $0.16 during trading hours on Friday, reaching $3.19. 15,876 shares of the stock traded hands, compared to its average volume of 38,205. CVD Equipment has a 52 week low of $2.70 and a 52 week high of $6.35. The company has a market cap of $21.95 million, a price-to-earnings ratio of -5.06 and a beta of 1.39. The stock has a fifty day simple moving average of $3.12 and a 200 day simple 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.

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.