Commercial National Financial Corp. (OTCMKTS:CNAF) Short Interest Update

Commercial National Financial Corp. (OTCMKTS:CNAF) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 2,982 shares, an increase of 351.8% from the July 15th total of 660 shares. Based on an average daily trading volume, of 4,978 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the company’s shares are sold short.

Commercial National Financial Stock Performance

Commercial National Financial stock remained flat at $9.05 during trading hours on Thursday. The company’s stock had a trading volume of 604 shares, compared to its average volume of 1,704. Commercial National Financial has a fifty-two week low of $7.12 and a fifty-two week high of $9.08. The stock has a market capitalization of $25.61 million, a P/E ratio of 12.75 and a beta of 0.39. The business’s 50 day moving average price is $8.25 and its 200-day moving average price is $8.18.

Commercial National Financial (OTCMKTS:CNAF) last released its quarterly earnings results on Wednesday, July 22nd. The bank reported $0.18 earnings per share for the quarter. The firm had revenue of $4.01 million for the quarter.

About Commercial National Financial

Commercial National Financial Corporation is a bank holding company based in Columbus, Indiana. Through its wholly owned subsidiary, Commercial National Bank, the company provides a comprehensive suite of banking and financial services to both individual and business customers. Its offerings include demand, savings and time deposit accounts, consumer and commercial lending products, mortgage and home equity financing, and treasury management services.

The company’s commercial banking division specializes in lending solutions for small to mid-size enterprises, covering term loans, lines of credit, equipment financing and real estate secured lending.