Short Interest in C&F Financial Co. (NASDAQ:CFFI) Declines By 24.3%

C&F Financial Co. (NASDAQ:CFFI) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totalling 90,200 shares, a decrease of 24.3% from the June 15th total of 119,200 shares. Based on an average trading volume of 24,900 shares, the days-to-cover ratio is currently 3.6 days. Currently, 2.9% of the shares of the company are short sold.

Insider Buying and Selling at C&F Financial

In other news, Director George R. Sisson III bought 1,000 shares of the stock in a transaction on Tuesday, April 30th. The shares were bought at an average price of $39.47 per share, with a total value of $39,470.00. Following the completion of the acquisition, the director now owns 5,635 shares in the company, valued at $222,413.45. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last 90 days, insiders have bought 2,500 shares of company stock valued at $97,815. 6.30% of the stock is owned by company insiders.

Institutional Trading of C&F Financial

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Clearstead Trust LLC bought a new stake in C&F Financial during the 1st quarter valued at approximately $47,000. OLD Point Trust & Financial Services N A bought a new stake in C&F Financial during the 4th quarter valued at approximately $48,000. SG Americas Securities LLC bought a new stake in C&F Financial during the 4th quarter valued at approximately $119,000. BNP Paribas Financial Markets grew its holdings in C&F Financial by 42.7% during the 4th quarter. BNP Paribas Financial Markets now owns 4,732 shares of the financial services provider’s stock valued at $323,000 after buying an additional 1,415 shares in the last quarter. Finally, Empowered Funds LLC grew its holdings in C&F Financial by 7.9% during the 1st quarter. Empowered Funds LLC now owns 11,962 shares of the financial services provider’s stock valued at $586,000 after buying an additional 875 shares in the last quarter. Institutional investors own 37.23% of the company’s stock.

C&F Financial Stock Performance

Shares of NASDAQ CFFI traded up $3.09 during trading on Monday, hitting $49.59. The company had a trading volume of 30,831 shares, compared to its average volume of 15,211. The stock has a 50 day simple moving average of $45.04 and a 200 day simple moving average of $49.18. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.87 and a current ratio of 0.88. C&F Financial has a 12 month low of $33.51 and a 12 month high of $72.00. The firm has a market capitalization of $166.62 million, a P/E ratio of 8.18 and a beta of 0.39.

C&F Financial (NASDAQ:CFFI) last posted its quarterly earnings data on Friday, April 19th. The financial services provider reported $1.01 EPS for the quarter. The firm had revenue of $30.65 million for the quarter. C&F Financial had a return on equity of 9.89% and a net margin of 13.29%.

C&F Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Friday, June 14th were paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 3.55%. The ex-dividend date was Friday, June 14th. C&F Financial’s dividend payout ratio (DPR) is presently 29.04%.

About C&F Financial

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. It operates through three segments: Community Banking, Mortgage Banking, and Consumer Finance. The Community Banking segment offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.