Short Interest in Commercial National Financial Co. (OTCMKTS:CNAF) Grows By 123.1%

Commercial National Financial Co. (OTCMKTS:CNAFGet Free Report) saw a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 2,900 shares, an increase of 123.1% from the May 15th total of 1,300 shares. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is currently 1.2 days.

Commercial National Financial Stock Performance

Shares of OTCMKTS CNAF traded down $0.10 during mid-day trading on Thursday, reaching $10.25. 1,922 shares of the company traded hands, compared to its average volume of 1,764. The company’s fifty day moving average is $10.13 and its two-hundred day moving average is $10.06. Commercial National Financial has a fifty-two week low of $8.85 and a fifty-two week high of $12.50. The stock has a market cap of $29.32 million, a PE ratio of 9.67 and a beta of 0.46.

Commercial National Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 7th. Investors of record on Friday, May 31st were issued a $0.26 dividend. The ex-dividend date was Friday, May 31st. This represents a $1.04 annualized dividend and a yield of 10.15%. Commercial National Financial’s dividend payout ratio (DPR) is presently 97.20%.

Commercial National Financial Company Profile

(Get Free Report)

Commercial National Financial Corporation operates as a bank holding company for Commercial Bank & Trust of PA that provides various banking products and services in Pennsylvania. The company offers checking, money market investment, and savings accounts; and business-time deposits, as well as certificates of deposit.

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