Farmers National Banc Corp (NASDAQ:FMNB) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totalling 178,500 shares, an increase of 41.0% from the May 30th total of 126,600 shares. Based on an average daily volume of 29,900 shares, the short-interest ratio is currently 6.0 days. Currently, 0.7% of the company’s stock are sold short.

A number of equities analysts have recently issued reports on the company. Zacks Investment Research raised General Moly from a “sell” rating to a “hold” rating in a research report on Thursday. BidaskClub downgraded Virtu Financial from a “sell” rating to a “strong sell” rating in a research report on Wednesday, June 12th. ValuEngine downgraded WideOpenWest from a “hold” rating to a “sell” rating in a research report on Friday, June 28th. Finally, Raymond James assumed coverage on PennantPark Investment in a research report on Monday, April 29th. They set an “outperform” rating and a $8.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $15.17.

Shares of NASDAQ FMNB traded up $0.14 during mid-day trading on Friday, hitting $14.70. The stock had a trading volume of 22,373 shares, compared to its average volume of 31,511. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.87 and a current ratio of 0.88. The stock’s 50 day moving average price is $14.22. Farmers National Banc has a twelve month low of $11.56 and a twelve month high of $16.90. The stock has a market cap of $408.51 million, a price-to-earnings ratio of 12.78 and a beta of 0.85.

Farmers National Banc (NASDAQ:FMNB) last released its earnings results on Wednesday, April 24th. The bank reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.01. Farmers National Banc had a return on equity of 12.82% and a net margin of 27.42%. The firm had revenue of $26.49 million for the quarter, compared to the consensus estimate of $26.79 million. On average, equities research analysts expect that Farmers National Banc will post 1.25 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were given a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 2.45%. The ex-dividend date was Thursday, June 13th. Farmers National Banc’s payout ratio is 31.30%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FMNB. Macnealy Hoover Investment Management Inc. increased its stake in shares of Farmers National Banc by 2.2% during the second quarter. Macnealy Hoover Investment Management Inc. now owns 615,240 shares of the bank’s stock worth $9,124,000 after acquiring an additional 13,025 shares during the period. Pacific Ridge Capital Partners LLC increased its stake in shares of Farmers National Banc by 19.4% during the first quarter. Pacific Ridge Capital Partners LLC now owns 279,809 shares of the bank’s stock worth $3,859,000 after acquiring an additional 45,376 shares during the period. Walthausen & Co. LLC acquired a new position in shares of Farmers National Banc during the first quarter worth about $749,000. Acadian Asset Management LLC increased its stake in shares of Farmers National Banc by 35.8% during the first quarter. Acadian Asset Management LLC now owns 40,338 shares of the bank’s stock worth $556,000 after acquiring an additional 10,641 shares during the period. Finally, Cetera Investment Advisers acquired a new position in shares of Farmers National Banc during the first quarter worth about $368,000. 37.04% of the stock is currently owned by hedge funds and other institutional investors.

About Farmers National Banc

Farmers National Banc Corp., through its subsidiaries, operates in the banking, trust, retirement consulting, insurance, and financial management industries. The company offers commercial and retail banking services, including checking, savings, and time deposit accounts; commercial, mortgage and installment, and home equity loans; home equity lines of credit, night depository, safe deposit box, money order, bank check, automated teller machine, Internet banking, travel card, E bond transaction, MasterCard and Visa credit cards, brokerage, and other services.

Further Reading: Trading Options- What is a Strangle?

Receive News & Ratings for Farmers National Banc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Farmers National Banc and related companies with MarketBeat.com's FREE daily email newsletter.