Core Molding Technologies, Inc. (NYSEMKT:CMT) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 265,593 shares, an increase of 47.1% from the October 13th total of 180,579 shares. Based on an average daily trading volume, of 18,659 shares, the short-interest ratio is currently 14.2 days. Currently, 3.6% of the company’s stock are short sold.

Separately, TheStreet lowered Core Molding Technologies from a “b” rating to a “c+” rating in a report on Thursday, November 2nd.

Shares of Core Molding Technologies (NYSEMKT CMT) traded down $0.15 on Monday, hitting $20.68. The stock had a trading volume of 9,471 shares, compared to its average volume of 18,443. Core Molding Technologies has a 12-month low of $14.42 and a 12-month high of $24.50.

Core Molding Technologies (NYSEMKT:CMT) last issued its quarterly earnings data on Thursday, November 2nd. The industrial products company reported $0.11 EPS for the quarter. Core Molding Technologies had a return on equity of 3.37% and a net margin of 2.22%. The firm had revenue of $38.49 million during the quarter.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 28th. Stockholders of record on Friday, November 17th will be issued a dividend of $0.05 per share. The ex-dividend date is Thursday, November 16th. This represents a $0.20 annualized dividend and a dividend yield of 0.97%.

Several institutional investors and hedge funds have recently modified their holdings of the company. FMR LLC lifted its holdings in shares of Core Molding Technologies by 11.3% during the 2nd quarter. FMR LLC now owns 1,014,340 shares of the industrial products company’s stock valued at $21,920,000 after purchasing an additional 102,952 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Core Molding Technologies by 5.5% during the 2nd quarter. Vanguard Group Inc. now owns 347,812 shares of the industrial products company’s stock valued at $7,516,000 after purchasing an additional 18,237 shares during the last quarter. Punch & Associates Investment Management Inc. lifted its holdings in shares of Core Molding Technologies by 1.5% during the 2nd quarter. Punch & Associates Investment Management Inc. now owns 221,901 shares of the industrial products company’s stock valued at $4,795,000 after purchasing an additional 3,301 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of Core Molding Technologies by 298.3% during the 2nd quarter. Northern Trust Corp now owns 86,879 shares of the industrial products company’s stock valued at $1,878,000 after purchasing an additional 65,069 shares during the last quarter. Finally, Granite Investment Partners LLC lifted its holdings in shares of Core Molding Technologies by 72.5% during the 2nd quarter. Granite Investment Partners LLC now owns 78,774 shares of the industrial products company’s stock valued at $1,702,000 after purchasing an additional 33,113 shares during the last quarter.

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About Core Molding Technologies

Core Molding Technologies, Inc is a manufacturer of sheet molding compound (SMC) and molder of fiberglass reinforced plastics. The Company along with its subsidiaries operates in the plastics market in a family of products known as reinforced plastics. It operates through manufacturing of SMC and molder of fiberglass reinforced plastics segment.

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