Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Short Interest Update

Commercial Vehicle Group, Inc. (NASDAQ:CVGI) was the recipient of a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 882,100 shares, a decrease of 12.7% from the January 31st total of 1,010,000 shares. Approximately 3.0% of the company’s shares are sold short. Based on an average trading volume of 354,100 shares, the days-to-cover ratio is currently 2.5 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Pinnacle Holdings LLC acquired a new stake in shares of Commercial Vehicle Group during the fourth quarter worth $26,000. Sei Investments Co. bought a new position in shares of Commercial Vehicle Group in the 4th quarter worth about $27,000. Ethic Inc. acquired a new position in shares of Commercial Vehicle Group in the 4th quarter valued at about $31,000. Intech Investment Management LLC acquired a new position in shares of Commercial Vehicle Group in the 4th quarter valued at about $38,000. Finally, Granite Investment Partners LLC bought a new stake in shares of Commercial Vehicle Group during the 4th quarter valued at about $42,000. Institutional investors own 72.32% of the company’s stock.

Commercial Vehicle Group Stock Performance

Shares of Commercial Vehicle Group stock opened at $2.07 on Friday. The company’s fifty day moving average is $2.13 and its 200 day moving average is $2.65. The company has a quick ratio of 1.43, a current ratio of 2.31 and a debt-to-equity ratio of 0.70. The stock has a market cap of $71.41 million, a price-to-earnings ratio of 2.03, a P/E/G ratio of 0.43 and a beta of 2.35. Commercial Vehicle Group has a twelve month low of $1.81 and a twelve month high of $6.64.

Commercial Vehicle Group Company Profile

Commercial Vehicle Group, Inc, together with its subsidiaries, designs, manufactures, assembles, and sells systems, assemblies, and components to commercial and electric vehicle, and industrial automation markets in North America, Europe, and the Asia-Pacific regions. The company operates in four segments: Vehicle Solutions, Electrical Systems, Aftermarket & Accessories, and Industrial Automation.