Chesapeake Financial Shares Inc. (OTCMKTS:CPKF) Short Interest Up 55.4% in December

Chesapeake Financial Shares Inc. (OTCMKTS:CPKF) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 415 shares, a growth of 55.4% from the November 30th total of 267 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 4,657 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 4,657 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Chesapeake Financial Shares Price Performance

Shares of CPKF stock opened at $28.15 on Monday. Chesapeake Financial Shares has a 12 month low of $18.10 and a 12 month high of $28.90. The company has a quick ratio of 0.64, a current ratio of 0.65 and a debt-to-equity ratio of 0.38. The firm has a market cap of $132.59 million, a PE ratio of 20.11 and a beta of 0.27. The stock has a 50 day moving average of $25.31 and a 200-day moving average of $22.90.

Chesapeake Financial Shares (OTCMKTS:CPKF) last announced its earnings results on Wednesday, October 22nd. The bank reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.39. Chesapeake Financial Shares had a net margin of 6.72% and a return on equity of 11.80%. The business had revenue of $21.64 million for the quarter, compared to analyst estimates of $19.40 million. On average, equities analysts predict that Chesapeake Financial Shares will post 2.45 EPS for the current year.

Chesapeake Financial Shares Increases Dividend

The business also recently announced a dividend, which was paid on Monday, December 15th. Investors of record on Tuesday, December 2nd were paid a $0.17 dividend. The ex-dividend date was Monday, December 1st. This is a boost from Chesapeake Financial Shares’s previous dividend of $0.16. This represents a dividend yield of 278.0%. Chesapeake Financial Shares’s dividend payout ratio is 48.57%.

Chesapeake Financial Shares Company Profile

Chesapeake Financial Shares, Inc is the bank holding company for Chesapeake Bank, a Virginia?chartered community bank. The company operates as a locally focused financial institution, offering a comprehensive suite of banking services to individuals, businesses and nonprofit organizations. Through its subsidiary, Chesapeake Bank, it aims to deliver customer?centric solutions while supporting economic growth in its communities.

Chesapeake Financial Shares’ primary business activities include retail and commercial banking.