CNB Financial Co. (NASDAQ:CCNEP) Short Interest Update

CNB Financial Co. (NASDAQ:CCNEP) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 1,100 shares, an increase of 120.0% from the January 31st total of 500 shares. Based on an average trading volume of 1,700 shares, the short-interest ratio is presently 0.6 days.

CNB Financial Trading Down 0.4 %

Shares of CCNEP stock opened at $24.45 on Friday. CNB Financial has a fifty-two week low of $21.00 and a fifty-two week high of $25.75. The stock has a 50 day simple moving average of $24.88 and a two-hundred day simple moving average of $24.63.

CNB Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a dividend of $0.4453 per share. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.29%. The ex-dividend date of this dividend was Friday, February 14th.

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.