First National Financial Co. (OTCMKTS:FNLIF – Get Free Report) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 84,700 shares, a drop of 37.4% from the February 13th total of 135,400 shares. Based on an average daily volume of 1,700 shares, the short-interest ratio is presently 49.8 days.
First National Financial Price Performance
OTCMKTS FNLIF remained flat at $27.18 during trading on Friday. The company’s stock had a trading volume of 900 shares, compared to its average volume of 1,730. The stock has a 50-day simple moving average of $27.73 and a 200 day simple moving average of $28.52. First National Financial has a 12 month low of $25.00 and a 12 month high of $31.75.
Analyst Ratings Changes
FNLIF has been the subject of a number of recent research reports. BMO Capital Markets reiterated a “market perform” rating on shares of First National Financial in a report on Thursday, March 6th. Scotiabank reiterated a “sector perform” rating on shares of First National Financial in a report on Thursday, March 6th.
About First National Financial
First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. It operates in two segments, Residential and Commercial segments. The company offers single-family and multi-unit residential, and commercial mortgages.
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