CVR Partners, LP (NYSE:UAN) Sees Significant Increase in Short Interest

CVR Partners, LP (NYSE:UAN) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 247,426 shares, an increase of 34.7% from the February 26th total of 183,648 shares. Currently, 1.5% of the shares of the stock are sold short. Based on an average trading volume of 160,481 shares, the short-interest ratio is presently 1.5 days.

CVR Partners Stock Up 0.6%

Shares of NYSE UAN opened at $137.82 on Tuesday. The stock has a market cap of $1.46 billion, a PE ratio of 14.76 and a beta of 0.60. The company has a current ratio of 2.21, a quick ratio of 1.36 and a debt-to-equity ratio of 2.14. CVR Partners has a 12-month low of $63.45 and a 12-month high of $139.50. The company has a 50-day moving average of $114.93 and a 200 day moving average of $103.09.

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

CVR Partners Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Monday, March 2nd were issued a $0.37 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.1%. CVR Partners’s dividend payout ratio is currently 15.85%.

Institutional Trading of CVR Partners

Several hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. purchased a new stake in shares of CVR Partners during the 2nd quarter valued at approximately $16,516,000. Oxbow Advisors LLC lifted its stake in shares of CVR Partners by 2,439.6% in the 4th quarter. Oxbow Advisors LLC now owns 66,030 shares of the basic materials company’s stock valued at $6,768,000 after purchasing an additional 63,430 shares during the last quarter. Natixis purchased a new position in shares of CVR Partners during the 2nd quarter worth $4,442,000. ING Groep NV increased its position in shares of CVR Partners by 156.9% during the 4th quarter. ING Groep NV now owns 50,100 shares of the basic materials company’s stock worth $5,135,000 after purchasing an additional 30,600 shares during the last quarter. Finally, GraniteShares Advisors LLC acquired a new position in CVR Partners in the fourth quarter valued at about $2,876,000. Hedge funds and other institutional investors own 43.83% of the company’s stock.

Analysts Set New Price Targets

UAN has been the subject of several recent analyst reports. Weiss Ratings lowered CVR Partners from a “buy (b-)” rating to a “hold (c)” rating in a research note on Thursday, February 19th. Wall Street Zen cut shares of CVR Partners from a “strong-buy” rating to a “hold” rating in a research note on Saturday, February 21st. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.

CVR Partners Company Profile

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.