Commercial National Financial Co. (OTCMKTS:CNAF) Short Interest Down 66.7% in August

Commercial National Financial Co. (OTCMKTS:CNAF) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 200 shares, a drop of 66.7% from the August 15th total of 600 shares. Based on an average daily trading volume, of 2,500 shares, the short-interest ratio is currently 0.1 days.

Commercial National Financial Stock Performance

CNAF stock traded down $0.07 during midday trading on Friday, reaching $8.58. The stock had a trading volume of 901 shares, compared to its average volume of 2,035. The firm has a fifty day simple moving average of $9.16 and a two-hundred day simple moving average of $9.72. Commercial National Financial has a 52-week low of $8.05 and a 52-week high of $11.14.

Commercial National Financial (OTCMKTS:CNAF) last announced its quarterly earnings data on Wednesday, July 31st. The bank reported $0.12 earnings per share (EPS) for the quarter. The firm had revenue of $3.82 million during the quarter.

Commercial National Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Friday, August 30th were paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 12.12%. The ex-dividend date of this dividend was Friday, August 30th. Commercial National Financial’s payout ratio is 109.47%.

Commercial National Financial Company Profile

Commercial National Financial Corporation operates as a bank holding company for Commercial Bank & Trust of PA that provides various banking products and services in Pennsylvania. The company offers checking, money market investment, and savings accounts; and business-time deposits, as well as certificates of deposit.