Short Interest in CNB Financial Co. (NASDAQ:CCNEP) Grows By 140.0%

CNB Financial Co. (NASDAQ:CCNEP) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 2,400 shares, a growth of 140.0% from the October 31st total of 1,000 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is currently 1.0 days.

CNB Financial Stock Performance

Shares of CNB Financial stock traded down $0.01 during trading on Friday, reaching $24.94. The company’s stock had a trading volume of 355 shares, compared to its average volume of 2,597. The stock has a 50-day moving average price of $24.86 and a two-hundred day moving average price of $23.64. CNB Financial has a one year low of $20.52 and a one year high of $25.60.

CNB Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a $0.4453 dividend. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.14%. The ex-dividend date is Friday, November 15th.

CNB Financial Company Profile

CNB Financial Corporation operates as the bank holding company for CNB Bank that provides a range of banking products and services for individual, business, governmental, and institutional customers. The company accepts checking, savings, and time deposit accounts; and offers real estate, commercial, industrial, residential, and consumer loans, as well as various other specialized financial services.