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

Commercial National Financial Co. (OTCMKTS:CEFC) was the target of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 100 shares, a drop of 50.0% from the January 15th total of 200 shares. Based on an average daily trading volume, of 4,000 shares, the days-to-cover ratio is presently 0.0 days.

Commercial National Financial Stock Performance

OTCMKTS CEFC opened at $10.85 on Friday. The stock has a market capitalization of $43.06 million, a price-to-earnings ratio of 7.32 and a beta of 0.49. Commercial National Financial has a 52 week low of $8.35 and a 52 week high of $10.95. The stock’s 50 day moving average price is $10.34 and its two-hundred day moving average price is $9.68.

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

Commercial National Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 13th were given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 5.16%. The ex-dividend date was Friday, December 13th. 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.