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

Commercial National Financial Co. (OTCMKTS:CNAF) was the target of a large growth in short interest during the month of 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 1.6 %

Commercial National Financial stock traded up $0.11 during trading on Friday, reaching $7.00. The company had a trading volume of 33 shares, compared to its average volume of 2,971. The firm’s 50-day simple moving average is $6.91 and its 200 day simple moving average is $7.96. Commercial National Financial has a 52 week low of $6.36 and a 52 week high of $10.46. The firm has a market capitalization of $20.03 million, a price-to-earnings ratio of 11.11 and a beta of 0.49.

Commercial National Financial (OTCMKTS:CNAF) last posted its quarterly earnings data on Thursday, January 30th. The bank reported $0.22 earnings per share for the quarter.

Commercial National Financial Announces Dividend

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

About Commercial National Financial

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.