Commercial National Financial Co. (OTCMKTS:CEFC) Short Interest Update

Commercial National Financial Co. (OTCMKTS:CEFC) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 200 shares, an increase of 100.0% from the January 31st total of 100 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 0.2 days.

Commercial National Financial Stock Performance

Shares of Commercial National Financial stock remained flat at $10.86 on Friday. The firm’s 50-day moving average price is $10.49 and its two-hundred day moving average price is $9.80. The company has a market cap of $43.06 million, a price-to-earnings ratio of 7.34 and a beta of 0.48. Commercial National Financial has a 52 week low of $8.35 and a 52 week high of $11.47.

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

Commercial National Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.16%. Commercial National Financial’s dividend payout ratio (DPR) is 37.84%.

About Commercial National Financial

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.