C&F Financial Co. (NASDAQ:CFFI) Short Interest Up 6.0% in June

C&F Financial Co. (NASDAQ:CFFI) saw a significant increase in short interest in June. As of June 15th, there was short interest totalling 119,200 shares, an increase of 6.0% from the May 31st total of 112,500 shares. Approximately 3.8% of the shares of the stock are sold short. Based on an average daily volume of 16,200 shares, the days-to-cover ratio is currently 7.4 days.

C&F Financial Trading Down 1.3 %

Shares of CFFI opened at $43.81 on Friday. C&F Financial has a twelve month low of $33.51 and a twelve month high of $72.00. The company has a market cap of $147.20 million, a P/E ratio of 7.23 and a beta of 0.39. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.43. The company’s fifty day simple moving average is $44.31 and its 200-day simple moving average is $50.65.

C&F Financial (NASDAQ:CFFI) last announced its earnings results on Friday, April 19th. The financial services provider reported $1.01 earnings per share for the quarter. The business had revenue of $30.65 million for the quarter. C&F Financial had a net margin of 13.29% and a return on equity of 9.89%.

C&F Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Friday, June 14th were paid a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 4.02%. The ex-dividend date of this dividend was Friday, June 14th. C&F Financial’s dividend payout ratio is presently 29.04%.

Insider Activity at C&F Financial

In other C&F Financial news, Director Paul C. Robinson purchased 1,000 shares of the firm’s stock in a transaction that occurred on Friday, April 26th. The shares were bought at an average price of $39.11 per share, with a total value of $39,110.00. Following the completion of the purchase, the director now directly owns 18,367 shares in the company, valued at $718,333.37. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have acquired a total of 2,500 shares of company stock valued at $97,815 over the last 90 days. 6.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Clearstead Trust LLC bought a new position in C&F Financial during the 1st quarter worth about $47,000. OLD Point Trust & Financial Services N A bought a new position in C&F Financial during the 4th quarter worth about $48,000. SG Americas Securities LLC bought a new position in C&F Financial during the 4th quarter worth about $119,000. BNP Paribas Financial Markets grew its holdings in C&F Financial by 42.7% during the 4th quarter. BNP Paribas Financial Markets now owns 4,732 shares of the financial services provider’s stock worth $323,000 after acquiring an additional 1,415 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC grew its holdings in C&F Financial by 27.6% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 10,023 shares of the financial services provider’s stock worth $537,000 after acquiring an additional 2,169 shares in the last quarter. Hedge funds and other institutional investors own 37.23% of the company’s stock.

About C&F Financial

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. It operates through three segments: Community Banking, Mortgage Banking, and Consumer Finance. The Community Banking segment offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.