Short Interest in Commercial National Financial Co. (OTCMKTS:CNAF) Increases By 260.0%

Commercial National Financial Co. (OTCMKTS:CNAF) was the recipient of a significant growth in short interest in February. As of February 15th, there was short interest totalling 1,800 shares, a growth of 260.0% from the January 31st total of 500 shares. Based on an average trading volume of 5,100 shares, the days-to-cover ratio is presently 0.4 days.

Commercial National Financial Trading Up 2.2 %

Shares of CNAF stock traded up $0.15 during trading hours on Friday, hitting $7.00. 1,002 shares of the company’s stock were exchanged, compared to its average volume of 2,971. The company has a market capitalization of $20.03 million, a PE ratio of 11.11 and a beta of 0.49. Commercial National Financial has a 12-month low of $6.36 and a 12-month high of $10.46. The business’s 50 day simple moving average is $6.93 and its 200-day simple moving average is $7.97.

Commercial National Financial (OTCMKTS:CNAF) last issued its earnings results on Thursday, January 30th. The bank reported $0.22 EPS for the quarter.

Commercial National Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 28th will be paid a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 6.29%. The ex-dividend date of this dividend is Friday, February 28th. Commercial National Financial’s payout ratio is 69.84%.

Commercial National Financial Company Profile

Commercial National Financial Corporation operates as a bank holding company for Commercial Bank & Trust of PA that provides various banking products and services in Pennsylvania. The company offers checking, money market investment, and savings accounts; and business-time deposits, as well as certificates of deposit.