Commercial National Financial Co. (OTCMKTS:CNAF) Sees Significant Decrease in Short Interest

Commercial National Financial Co. (OTCMKTS:CNAF) was the target of a large decline in short interest in December. As of December 15th, there was short interest totalling 100 shares, a decline of 50.0% from the November 30th total of 200 shares. Based on an average trading volume of 5,800 shares, the short-interest ratio is currently 0.0 days.

Commercial National Financial Stock Down 1.6 %

OTCMKTS CNAF opened at $7.25 on Friday. Commercial National Financial has a twelve month low of $7.05 and a twelve month high of $11.14. The stock has a market cap of $20.74 million, a P/E ratio of 12.50 and a beta of 0.45. The company’s 50-day simple moving average is $8.26 and its 200 day simple moving average is $8.94.

Commercial National Financial (OTCMKTS:CNAF) last released its quarterly earnings data on Monday, October 28th. The bank reported $0.11 earnings per share for the quarter. The company had revenue of $3.76 million during the quarter.

Commercial National Financial Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 29th were issued a dividend of $0.11 per share. The ex-dividend date was Friday, November 29th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 6.07%. Commercial National Financial’s payout ratio is presently 75.86%.

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.