CNB Financial Co. (NASDAQ:CCNEP) Short Interest Up 100.0% in September

CNB Financial Co. (NASDAQ:CCNEP) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 200 shares, an increase of 100.0% from the September 15th total of 100 shares. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is currently 0.1 days.

CNB Financial Trading Down 1.5%

Shares of CNB Financial stock opened at $24.57 on Monday. The stock has a 50 day moving average price of $24.97 and a 200-day moving average price of $24.62. CNB Financial has a one year low of $23.08 and a one year high of $25.75.

CNB Financial (NASDAQ:CCNEP) last announced its earnings results on Tuesday, April 15th. The company reported $0.66 EPS for the quarter. The company had revenue of ($14.79) million during the quarter.

CNB Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 1st. Investors of record on Friday, August 15th were paid a dividend of $0.4453 per share. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date of this dividend was Friday, August 15th.

About CNB Financial

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.