C&F Financial Corporation (NASDAQ:CFFI) Short Interest Update

C&F Financial Corporation (NASDAQ:CFFI) was the target of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 40,788 shares, a drop of 24.6% from the January 29th total of 54,112 shares. Based on an average daily volume of 3,669 shares, the days-to-cover ratio is presently 11.1 days. Currently, 1.3% of the shares of the stock are sold short. Currently, 1.3% of the shares of the stock are sold short. Based on an average daily volume of 3,669 shares, the days-to-cover ratio is presently 11.1 days.

Institutional Investors Weigh In On C&F Financial

A number of large investors have recently made changes to their positions in CFFI. BNP Paribas Financial Markets increased its stake in shares of C&F Financial by 370.0% during the second quarter. BNP Paribas Financial Markets now owns 423 shares of the financial services provider’s stock valued at $26,000 after buying an additional 333 shares during the period. Police & Firemen s Retirement System of New Jersey bought a new stake in C&F Financial in the second quarter valued at $36,000. New York State Common Retirement Fund bought a new position in C&F Financial in the 2nd quarter worth $105,000. Rhumbline Advisers raised its holdings in C&F Financial by 2,137.3% in the 2nd quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock worth $196,000 after purchasing an additional 3,035 shares in the last quarter. Finally, Royal Bank of Canada lifted its position in shares of C&F Financial by 40.7% in the 1st quarter. Royal Bank of Canada now owns 5,354 shares of the financial services provider’s stock worth $361,000 after purchasing an additional 1,550 shares during the period. 37.23% of the stock is currently owned by institutional investors.

C&F Financial Price Performance

Shares of NASDAQ CFFI traded down $1.24 during trading hours on Monday, reaching $75.07. 4,974 shares of the stock traded hands, compared to its average volume of 3,644. The company’s 50-day simple moving average is $73.78 and its two-hundred day simple moving average is $71.11. The company has a market capitalization of $243.23 million, a P/E ratio of 9.07 and a beta of 0.34. C&F Financial has a 52-week low of $53.13 and a 52-week high of $81.00. The company has a quick ratio of 0.89, a current ratio of 0.91 and a debt-to-equity ratio of 0.37.

C&F Financial (NASDAQ:CFFI) last issued its earnings results on Tuesday, January 27th. The financial services provider reported $2.07 EPS for the quarter. The company had revenue of $35.88 million for the quarter. C&F Financial had a net margin of 14.43% and a return on equity of 11.03%.

C&F Financial Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be issued a $0.48 dividend. This is a boost from C&F Financial’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Friday, March 13th. This represents a $1.92 dividend on an annualized basis and a yield of 2.6%. C&F Financial’s payout ratio is 22.22%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of C&F Financial in a report on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, C&F Financial currently has an average rating of “Hold”.

About C&F Financial

C&F Financial Corporation is the bank holding company for C&F Bank, a community‐focused financial institution headquartered in Stephens City, Virginia. Founded in 1921, the company has grown from a single local bank into a regional franchise serving both retail and commercial clients. While the holding company trades on the Nasdaq under the ticker CFFI, its principal activities remain centered on traditional banking services designed to foster long-term relationships within its communities.

C&F Bank offers a full suite of deposit and lending products, including checking and savings accounts, money market accounts, certificates of deposit, and consumer and commercial loan facilities.