Commercial National Financial Corp. (OTCMKTS:CNAF) Short Interest Update

Commercial National Financial Corp. (OTCMKTS:CNAF) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 781 shares, a decline of 68.4% from the August 15th total of 2,468 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,901 shares, the days-to-cover ratio is currently 0.4 days.

Commercial National Financial Price Performance

Shares of CNAF stock traded up $0.21 during mid-day trading on Friday, hitting $9.00. 150 shares of the stock traded hands, compared to its average volume of 1,796. The stock has a market cap of $25.49 million, a P/E ratio of 12.68 and a beta of 0.40. The stock’s fifty day moving average is $8.71 and its two-hundred day moving average is $8.34. Commercial National Financial has a 52-week low of $7.50 and a 52-week high of $9.40.

Commercial National Financial (OTCMKTS:CNAF) last issued its quarterly earnings data on Wednesday, July 22nd. The bank reported $0.18 earnings per share (EPS) for the quarter. The firm had revenue of $4.01 million during the quarter.

Commercial National Financial Company Profile

Commercial National Financial Corporation is a bank holding company based in Columbus, Indiana. Through its wholly owned subsidiary, Commercial National Bank, the company provides a comprehensive suite of banking and financial services to both individual and business customers. Its offerings include demand, savings and time deposit accounts, consumer and commercial lending products, mortgage and home equity financing, and treasury management services.

The company’s commercial banking division specializes in lending solutions for small to mid-size enterprises, covering term loans, lines of credit, equipment financing and real estate secured lending.