Commercial National Financial Corp. (OTCMKTS:CNAF) Sees Significant Increase in Short Interest

Commercial National Financial Corp. (OTCMKTS:CNAF) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 2,982 shares, a growth of 351.8% from the July 15th total of 660 shares. Based on an average trading volume of 4,978 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the shares of the company are short sold.

Commercial National Financial Stock Performance

CNAF opened at $9.05 on Wednesday. The business’s 50-day simple moving average is $8.23 and its 200-day simple moving average is $8.17. Commercial National Financial has a one year low of $6.96 and a one year high of $9.08. The stock has a market capitalization of $25.61 million, a P/E ratio of 12.75 and a beta of 0.39.

Commercial National Financial (OTCMKTS:CNAF) last posted its earnings results on Wednesday, July 22nd. The bank reported $0.18 earnings per share 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.