Short Interest in Commercial National Financial Co. (OTCMKTS:CEFC) Decreases By 50.0%

Commercial National Financial Co. (OTCMKTS:CEFC) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 100 shares, a decrease of 50.0% from the February 13th total of 200 shares. Based on an average daily trading volume, of 5,500 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Commercial National Financial Stock Performance

OTCMKTS CEFC traded down $0.21 on Friday, hitting $10.13. 9,100 shares of the stock were exchanged, compared to its average volume of 2,303. The stock has a fifty day moving average price of $10.60 and a two-hundred day moving average price of $9.92. The firm has a market capitalization of $40.17 million, a P/E ratio of 6.84 and a beta of 0.47. 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 announced its quarterly earnings data on Tuesday, January 21st. The company reported $0.47 earnings per share for the quarter.

Commercial National Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 5.53%. The ex-dividend date of this dividend is Friday, March 14th. Commercial National Financial’s dividend payout ratio (DPR) is presently 37.84%.

Commercial National Financial Company Profile

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.