Chesapeake Financial Shares Inc. (OTCMKTS:CPKF) Sees Significant Decrease in Short Interest

Chesapeake Financial Shares Inc. (OTCMKTS:CPKF) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 131 shares, a decrease of 71.6% from the May 14th total of 462 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,960 shares, the days-to-cover ratio is presently 0.1 days.

Chesapeake Financial Shares Stock Performance

OTCMKTS:CPKF remained flat at $34.50 on Thursday. The company’s stock had a trading volume of 2,025 shares, compared to its average volume of 978. Chesapeake Financial Shares has a 12 month low of $20.34 and a 12 month high of $35.00. The business has a fifty day moving average of $34.33 and a two-hundred day moving average of $31.13. The stock has a market capitalization of $161.81 million, a PE ratio of 8.18 and a beta of 0.25. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.66 and a current ratio of 0.66.

Chesapeake Financial Shares (OTCMKTS:CPKF) last posted its earnings results on Monday, May 18th. The bank reported $999.00 earnings per share (EPS) for the quarter. Chesapeake Financial Shares had a return on equity of 15.88% and a net margin of 17.24%. As a group, analysts predict that Chesapeake Financial Shares will post 3.9 earnings per share for the current year.

About Chesapeake Financial Shares

Chesapeake Financial Shares, Inc is the bank holding company for Chesapeake Bank, a Virginia‐chartered community bank. The company operates as a locally focused financial institution, offering a comprehensive suite of banking services to individuals, businesses and nonprofit organizations. Through its subsidiary, Chesapeake Bank, it aims to deliver customer‐centric solutions while supporting economic growth in its communities.

Chesapeake Financial Shares’ primary business activities include retail and commercial banking.