Chesapeake Financial Shares Inc. (OTCMKTS:CPKF) Short Interest Down 24.3% in December

Chesapeake Financial Shares Inc. (OTCMKTS:CPKF) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 240 shares, a decline of 24.3% from the December 15th total of 317 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,200 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 1,200 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Chesapeake Financial Shares Stock Up 0.5%

CPKF opened at $28.25 on Friday. The stock’s 50 day moving average price is $26.70 and its 200 day moving average price is $23.63. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.65 and a quick ratio of 0.64. The stock has a market cap of $133.06 million, a P/E ratio of 20.18 and a beta of 0.24. Chesapeake Financial Shares has a 12 month low of $18.10 and a 12 month high of $28.90.

Chesapeake Financial Shares (OTCMKTS:CPKF) last released its quarterly earnings results on Wednesday, October 22nd. The bank reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.39. Chesapeake Financial Shares had a return on equity of 11.80% and a net margin of 6.72%.The company had revenue of $21.64 million during the quarter, compared to analysts’ expectations of $19.40 million. As a group, research analysts predict that Chesapeake Financial Shares will post 2.45 earnings per share for the current year.

Chesapeake Financial Shares Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, December 15th. Investors of record on Tuesday, December 2nd were issued a dividend of $0.17 per share. The ex-dividend date was Monday, December 1st. This is a positive change from Chesapeake Financial Shares’s previous dividend of $0.16. This represents a yield of 278.0%. Chesapeake Financial Shares’s payout ratio is 48.57%.

Chesapeake Financial Shares Company Profile

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.