Short Interest in C&F Financial Corporation (NASDAQ:CFFI) Declines By 26.9%

C&F Financial Corporation (NASDAQ:CFFI) saw a large decrease in short interest in December. As of December 31st, there was short interest totaling 52,312 shares, a decrease of 26.9% from the December 15th total of 71,576 shares. Based on an average daily volume of 6,400 shares, the short-interest ratio is presently 8.2 days. Currently, 1.7% of the company’s stock are short sold. Currently, 1.7% of the company’s stock are short sold. Based on an average daily volume of 6,400 shares, the short-interest ratio is presently 8.2 days.

C&F Financial Price Performance

Shares of CFFI opened at $70.34 on Monday. The company’s 50-day moving average is $70.88 and its 200-day moving average is $69.05. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.91 and a quick ratio of 0.89. The firm has a market capitalization of $227.90 million, a PE ratio of 8.71 and a beta of 0.34. C&F Financial has a fifty-two week low of $53.13 and a fifty-two week high of $89.90.

C&F Financial (NASDAQ:CFFI) last announced its quarterly earnings results on Tuesday, November 4th. The financial services provider reported $2.18 EPS for the quarter. The business had revenue of $36.02 million for the quarter. C&F Financial had a net margin of 14.39% and a return on equity of 10.94%.

C&F Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 1st. Stockholders of record on Monday, December 15th were paid a dividend of $0.46 per share. The ex-dividend date was Monday, December 15th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.6%. C&F Financial’s dividend payout ratio (DPR) is 22.77%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted its position in shares of C&F Financial by 370.0% in the second quarter. BNP Paribas Financial Markets now owns 423 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 333 shares during the period. Police & Firemen s Retirement System of New Jersey bought a new stake in C&F Financial in the 2nd quarter valued at about $36,000. New York State Common Retirement Fund acquired a new position in shares of C&F Financial during the 2nd quarter worth approximately $105,000. Rhumbline Advisers increased its holdings in shares of C&F Financial by 2,137.3% during the second quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock worth $196,000 after purchasing an additional 3,035 shares during the period. Finally, Royal Bank of Canada raised its position in shares of C&F Financial by 40.7% in the first quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock valued at $361,000 after buying an additional 1,550 shares in the last quarter. Institutional investors own 37.23% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of C&F Financial in a research note on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, C&F Financial has a consensus rating of “Hold”.

C&F Financial Company Profile

C&F Financial Corporation is the bank holding company for C&F Bank, a community?focused financial institution headquartered in Stephens City, Virginia. Founded in 1921, the company has grown from a single local bank into a regional franchise serving both retail and commercial clients. While the holding company trades on the Nasdaq under the ticker CFFI, its principal activities remain centered on traditional banking services designed to foster long-term relationships within its communities.

C&F Bank offers a full suite of deposit and lending products, including checking and savings accounts, money market accounts, certificates of deposit, and consumer and commercial loan facilities.