CVD Equipment Co. (NASDAQ:CVV – Get Free Report) was the target of a large decrease in short interest in the month of August. As of August 15th, there was short interest totalling 20,500 shares, a decrease of 10.5% from the July 31st total of 22,900 shares. Based on an average daily trading volume, of 14,700 shares, the short-interest ratio is currently 1.4 days. Approximately 0.4% of the company’s shares are short sold.
Wall Street Analysts Forecast Growth
Separately, StockNews.com assumed coverage on shares of CVD Equipment in a report on Monday. They issued a “hold” rating on the stock.
Check Out Our Latest Analysis on CVV
CVD Equipment Trading Down 5.3 %
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.
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