First Niles Financial Inc. (OTCMKTS:FNFI) Sees Large Increase in Short Interest

First Niles Financial Inc. (OTCMKTS:FNFI) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 387 shares, a growth of 74.3% from the June 15th total of 222 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 4,329 shares, the short-interest ratio is currently 0.1 days.

First Niles Financial Stock Performance

OTCMKTS FNFI opened at $8.80 on Friday. The stock has a 50-day simple moving average of $8.04 and a 200 day simple moving average of $7.94. First Niles Financial has a twelve month low of $7.25 and a twelve month high of $9.00. The stock has a market capitalization of $13.55 million, a PE ratio of 18.72 and a beta of 0.29.

First Niles Financial (OTCMKTS:FNFI) last released its earnings results on Monday, April 27th. The company reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $2.52 million during the quarter.

About First Niles Financial

First Niles Financial, Inc operates as a holding company for the Home Federal Savings and Loan Association of Niles that provides various banking products and services in Ohio, the United States. The company offers personal and business checking and savings, money market deposit, and Christmas club accounts, as well as certificates of deposit. It also provides various loans, including mortgage and consumer loans, home equity lines of credit, and commercial loans and lines of credit. In addition, the company provides e-statement, and night depository services; debit and ATM cards; safe deposit boxes; direct deposits; I.R.A.