Commercial National Financial Co. (OTCMKTS:CEFC) Short Interest Down 50.0% in February

Commercial National Financial Co. (OTCMKTS:CEFC) was the target of a large decrease in short interest in 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. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 5,500 shares, the short-interest ratio is presently 0.0 days.

Commercial National Financial Trading Down 0.1 %

OTCMKTS:CEFC traded down $0.01 during mid-day trading on Friday, hitting $10.34. 200 shares of the company’s stock were exchanged, compared to its average volume of 2,244. Commercial National Financial has a fifty-two week low of $8.35 and a fifty-two week high of $11.47. The firm has a market capitalization of $41.00 million, a P/E ratio of 6.99 and a beta of 0.47. The company has a 50 day simple moving average of $10.60 and a 200-day simple moving average of $9.92.

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

Commercial National Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.56 dividend on an annualized basis and a yield of 5.42%. Commercial National Financial’s dividend payout ratio (DPR) is presently 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.