Century Financial Co. (OTCMKTS:CYFL) Sees Significant Drop in Short Interest

Century Financial Co. (OTCMKTS:CYFL) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 100 shares, a drop of 50.0% from the February 28th total of 200 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is currently 0.1 days.

Century Financial Price Performance

Century Financial stock remained flat at $46.96 during midday trading on Friday. The stock’s fifty day simple moving average is $43.29 and its two-hundred day simple moving average is $38.43. Century Financial has a 1-year low of $28.46 and a 1-year high of $48.04.

Century Financial Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.13%. The ex-dividend date was Wednesday, March 5th. Century Financial’s payout ratio is currently 49.74%.

Century Financial Company Profile

Century Financial Corporation operates as a bank holding company for Century Bank and Trust that provides a range of financial and trust services. The company’s primary deposit products include checking, savings, term certificate, and individual retirement accounts. It also provides residential mortgages; home equity, auto, specialty item, debt consolidation, construction, business term, and agri-business loans; small business Loans; real estate financing; lines of credit; letters of credit; and government loan guaranty programs.