Commercial National Financial Co. (OTCMKTS:CEFC) Short Interest Down 80.0% in January

Commercial National Financial Co. (OTCMKTS:CEFC) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 100 shares, a decrease of 80.0% from the December 31st total of 500 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is presently 0.1 days.

Commercial National Financial Price Performance

CEFC stock traded down $0.25 during mid-day trading on Wednesday, reaching $10.50. 7,000 shares of the company’s stock were exchanged, compared to its average volume of 320. The company has a market cap of $41.69 million, a price-to-earnings ratio of 7.09 and a beta of 0.48. The stock’s 50 day moving average is $10.08 and its 200 day moving average is $9.53. Commercial National Financial has a 12-month low of $8.35 and a 12-month high of $10.75.

Commercial National Financial (OTCMKTS:CEFC) last released its quarterly earnings results on Tuesday, January 21st. The company reported $0.47 earnings per share for the quarter.

Commercial National Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th were issued a $0.14 dividend. The ex-dividend date was Friday, December 13th. This represents a $0.56 dividend on an annualized basis and a yield of 5.33%. 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.