Short Interest in CVR Partners, LP (NYSE:UAN) Declines By 13.6%

Key Points

• Short interest in CVR Partners fell 13.6% in February to 183,648 shares, representing about 1.1% of shares short and a short-interest ratio of 2.5 days.
• Multiple research firms recently downgraded UAN, and the consensus analyst rating is now Hold.
• Shares traded at $130.69 mid-day with a market cap of $2.24 billion and a P/E of 13.99, and the company paid a $0.37 quarterly dividend (annualized $1.48, ~1.1% yield).

CVR Partners, LP (NYSE:UAN - Get Free Report) saw a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 183,648 shares, a decrease of 13.6% from the February 12th total of 212,644 shares. Based on an average trading volume of 74,512 shares, the short-interest ratio is currently 2.5 days. Currently, 1.1% of the shares of the stock are short sold. Currently, 1.1% of the shares of the stock are short sold. Based on an average trading volume of 74,512 shares, the short-interest ratio is currently 2.5 days.

Hedge Funds Weigh In On CVR Partners

A number of hedge funds and other institutional investors have recently modified their holdings of UAN. Luken Investment Analytics LLC purchased a new position in shares of CVR Partners during the 4th quarter valued at about $41,000. Root Financial Partners LLC purchased a new stake in CVR Partners in the third quarter worth approximately $54,000. NewEdge Advisors LLC boosted its stake in CVR Partners by 33.3% in the fourth quarter. NewEdge Advisors LLC now owns 557 shares of the basic materials company's stock worth $57,000 after buying an additional 139 shares in the last quarter. BNP Paribas Financial Markets grew its position in CVR Partners by 1,888.6% during the second quarter. BNP Paribas Financial Markets now owns 875 shares of the basic materials company's stock valued at $78,000 after acquiring an additional 831 shares during the last quarter. Finally, Tucker Asset Management LLC bought a new position in CVR Partners during the fourth quarter valued at approximately $100,000. 43.83% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on UAN shares. Wall Street Zen downgraded shares of CVR Partners from a "strong-buy" rating to a "hold" rating in a research report on Saturday, February 21st. Weiss Ratings downgraded CVR Partners from a "buy (b-)" rating to a "hold (c)" rating in a report on Thursday, February 19th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of "Hold".

CVR Partners Price Performance

CVR Partners stock traded down $0.71 during mid-day trading on Tuesday, hitting $130.69. 70,985 shares of the company traded hands, compared to its average volume of 66,833. The company has a debt-to-equity ratio of 2.14, a quick ratio of 1.36 and a current ratio of 2.21. CVR Partners has a one year low of $63.45 and a one year high of $139.50. The stock has a market cap of $2.24 billion, a price-to-earnings ratio of 13.99 and a beta of 0.60. The stock has a fifty day moving average price of $110.70 and a 200-day moving average price of $99.88.

CVR Partners (NYSE:UAN - Get Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The basic materials company reported ($0.97) earnings per share for the quarter. CVR Partners had a net margin of 16.28% and a return on equity of 32.82%. The company had revenue of $131.07 million for the quarter.

CVR Partners Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Monday, March 2nd were given a dividend of $0.37 per share. The ex-dividend date was Monday, March 2nd. This represents a $1.48 dividend on an annualized basis and a yield of 1.1%. CVR Partners's dividend payout ratio (DPR) is presently 15.85%.

About CVR Partners

CVR Partners, L.P. NYSE: UAN is a publicly traded master limited partnership focused on the production and marketing of nitrogen fertilizer products. Headquartered in Sugar Land, Texas, the partnership owns and operates two nitrogen fertilizer plants in Coffeyville, Kansas, where it manufactures ammonia, granular urea, and urea ammonium nitrate (UAN) solutions. These products are essential nutrients for a wide range of row and specialty crops, helping growers optimize yield and soil fertility across diverse agricultural applications.

The partnership's operations center on two integrated facilities connected by pipeline, rail and trucking infrastructure, enabling efficient logistics and year-round production.

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