First Niles Financial Inc. (OTCMKTS:FNFI) Short Interest Up 73.0% in August

First Niles Financial Inc. (OTCMKTS:FNFI) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 237 shares, an increase of 73.0% from the August 15th total of 137 shares. Based on an average daily volume of 468 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the company’s shares are sold short.

First Niles Financial Stock Performance

Shares of OTCMKTS FNFI remained flat at $9.42 during midday trading on Wednesday. 100 shares of the stock were exchanged, compared to its average volume of 547. The company has a market cap of $14.51 million, a price-to-earnings ratio of 14.95 and a beta of 0.28. First Niles Financial has a 1 year low of $7.25 and a 1 year high of $9.59. The firm has a fifty day simple moving average of $8.86 and a 200 day simple moving average of $8.24.

First Niles Financial (OTCMKTS:FNFI) last posted its quarterly earnings data on Friday, July 31st. The company reported $0.16 EPS for the quarter. The firm had revenue of $3.15 million during the quarter.

First Niles Financial Company Profile

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.