Short Interest in Commercial National Financial Corp. (OTCMKTS:CNAF) Drops By 68.4%

Commercial National Financial Corp. (OTCMKTS:CNAF) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 781 shares, a decrease of 68.4% from the August 15th total of 2,468 shares. Based on an average daily trading volume, of 1,901 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the company’s shares are short sold.

Commercial National Financial Price Performance

OTCMKTS CNAF opened at $9.00 on Monday. The company has a market cap of $25.47 million, a P/E ratio of 12.68 and a beta of 0.40. Commercial National Financial has a 12 month low of $7.50 and a 12 month high of $9.40. The company has a 50-day moving average of $8.71 and a 200-day moving average of $8.34.

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

Commercial National Financial Company Profile

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.