Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) Short Interest Update

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totalling 200 shares, a decline of 80.0% from the September 30th total of 1,000 shares. Based on an average daily volume of 800 shares, the short-interest ratio is currently 0.3 days.

Chesapeake Financial Shares Price Performance

OTCMKTS:CPKF traded up $0.56 during midday trading on Friday, hitting $19.16. The company had a trading volume of 107 shares, compared to its average volume of 1,873. Chesapeake Financial Shares has a 52-week low of $16.25 and a 52-week high of $20.25. The stock’s fifty day moving average price is $18.75 and its 200-day moving average price is $17.96. The company has a market capitalization of $90.28 million, a PE ratio of 9.83 and a beta of 0.50. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.24.

Chesapeake Financial Shares (OTCMKTS:CPKF) last posted its quarterly earnings results on Monday, October 21st. The bank reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.01). The business had revenue of $18.16 million during the quarter, compared to the consensus estimate of $17.40 million. Chesapeake Financial Shares had a return on equity of 9.35% and a net margin of 10.11%. As a group, research analysts expect that Chesapeake Financial Shares will post 2.3 earnings per share for the current year.

Chesapeake Financial Shares Company Profile

Chesapeake Financial Shares, Inc operates as the bank holding company for Chesapeake Bank that provides various banking products and services for individuals and businesses in the United States. The company accepts interest and noninterest checking, savings, and money market accounts; and variable-rate and fixed-term money market accounts, as well as certificates of deposit.