Short Interest in Commercial National Financial Corp. (OTCMKTS:CNAF) Decreases By 68.4%

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

Commercial National Financial Price Performance

Shares of OTCMKTS CNAF opened at $9.00 on Friday. The stock has a market capitalization of $25.47 million, a P/E ratio of 12.68 and a beta of 0.40. Commercial National Financial has a one year low of $7.50 and a one year high of $9.40. The firm’s 50 day simple moving average is $8.71 and its two-hundred day simple moving average is $8.34.

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

About Commercial National Financial

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.