First Niles Financial Inc. (OTCMKTS:FNFI) Short Interest Up 73.0% in August

First Niles Financial Inc. (OTCMKTS:FNFI) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 237 shares, an increase of 73.0% from the August 15th total of 137 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 468 shares, the days-to-cover ratio is presently 0.5 days.

First Niles Financial Stock Performance

Shares of FNFI stock opened at $8.90 on Friday. First Niles Financial has a 12 month low of $7.25 and a 12 month high of $9.59. The stock has a market cap of $13.71 million, a PE ratio of 14.13 and a beta of 0.28. The company’s fifty day moving average price is $8.86 and its 200-day moving average price is $8.25.

First Niles Financial (OTCMKTS:FNFI) last announced its quarterly earnings data on Friday, July 31st. The company reported $0.16 earnings per share for the quarter. The business had revenue of $3.15 million during the quarter.

About First Niles Financial

First Niles Financial, Inc operates as a holding company for the Home Federal Savings and Loan Association of Niles that provides various banking products and services in Ohio, the United States. The company offers personal and business checking and savings, money market deposit, and Christmas club accounts, as well as certificates of deposit. It also provides various loans, including mortgage and consumer loans, home equity lines of credit, and commercial loans and lines of credit. In addition, the company provides e-statement, and night depository services; debit and ATM cards; safe deposit boxes; direct deposits; I.R.A.