Short Interest in Commercial National Financial Co. (OTCMKTS:CEFC) Drops By 50.0%

Commercial National Financial Co. (OTCMKTS:CEFC) was the recipient of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 100 shares, a decrease of 50.0% from the February 13th total of 200 shares. Based on an average daily trading volume, of 5,500 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Commercial National Financial Stock Down 2.0 %

Shares of Commercial National Financial stock traded down $0.21 on Friday, reaching $10.13. The company’s stock had a trading volume of 9,100 shares, compared to its average volume of 2,303. The company has a market capitalization of $40.17 million, a price-to-earnings ratio of 6.84 and a beta of 0.47. Commercial National Financial has a 52 week low of $8.35 and a 52 week high of $11.47. The firm’s fifty day simple moving average is $10.60 and its two-hundred day simple moving average is $9.92.

Commercial National Financial (OTCMKTS:CEFC) last issued its quarterly earnings data on Tuesday, January 21st. The company reported $0.47 EPS for the quarter.

Commercial National Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 5.53%. The ex-dividend date is Friday, March 14th. Commercial National Financial’s payout ratio is 37.84%.

Commercial National Financial Company Profile

Commercial National Financial Corporation operates as the holding company for Commercial Bank that provides various banking products and services to individuals, agricultural businesses, commercial businesses, and light industries in Michigan. The company accepts various deposit products, including checking and savings accounts, individual retirement accounts, certificates of deposit, and health savings accounts.