CNB Financial Co. (NASDAQ:CCNEP) Short Interest Up 100.0% in July

CNB Financial Co. (NASDAQ:CCNEP) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 200 shares, a growth of 100.0% from the June 30th total of 100 shares. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is currently 0.1 days.

CNB Financial Trading Up 0.6 %

Shares of CNB Financial stock traded up $0.13 during trading hours on Friday, reaching $22.89. 15,092 shares of the company’s stock were exchanged, compared to its average volume of 2,477. The company has a 50 day moving average of $22.65 and a two-hundred day moving average of $22.75. CNB Financial has a fifty-two week low of $18.42 and a fifty-two week high of $24.45.

CNB Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 31st. Investors of record on Friday, May 17th were given a dividend of $0.4453 per share. The ex-dividend date was Thursday, May 16th. This is a boost from CNB Financial’s previous quarterly dividend of $0.45. This represents a $1.78 annualized dividend and a yield of 7.78%.

CNB Financial Company Profile

CNB Financial Corporation operates as the bank holding company for CNB Bank that provides a range of banking products and services for individual, business, governmental, and institutional customers. The company accepts checking, savings, and time deposit accounts; and offers real estate, commercial, industrial, residential, and consumer loans, as well as various other specialized financial services.