California First Leasing Corp. (OTCMKTS:CFNB) Sees Large Growth in Short Interest

California First Leasing Corp. (OTCMKTS:CFNB) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,110 shares, an increase of 267.5% from the April 30th total of 302 shares. Based on an average daily volume of 4,632 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s shares are sold short.

California First Leasing Stock Performance

California First Leasing stock traded down $0.32 during trading hours on Friday, hitting $31.42. 700 shares of the stock traded hands, compared to its average volume of 2,430. The firm’s 50-day moving average price is $27.34 and its two-hundred day moving average price is $26.36. California First Leasing has a one year low of $18.40 and a one year high of $32.00.

California First Leasing Company Profile

California First Leasing Corporation provides loans and lease financing for universities, businesses, and other commercial or non-profit organizations. The company was formerly known as California First National Bancorp and changed its name to California First Leasing Corporation in February 2021. California First Leasing Corporation was founded in 1977 and is based in Newport Beach, California.