California First Leasing Corp. (OTCMKTS:CFNB) Sees Significant Decrease in Short Interest

California First Leasing Corp. (OTCMKTS:CFNB) was the target of a significant drop in short interest in March. As of March 13th, there was short interest totaling 367 shares, a drop of 38.4% from the February 26th total of 596 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 2,241 shares, the days-to-cover ratio is currently 0.2 days.

California First Leasing Stock Performance

Shares of CFNB traded down $0.15 during mid-day trading on Friday, hitting $24.85. 200 shares of the company traded hands, compared to its average volume of 798. The business has a 50 day moving average of $27.21 and a 200 day moving average of $24.45. California First Leasing has a 1-year low of $18.26 and a 1-year high of $28.75.

California First Leasing Company Profile

California First Leasing Corporation provides loans and lease financing for universities, businesses, and other commercial or non-profit organizations. The company was formerly known as California First National Bancorp and changed its name to California First Leasing Corporation in February 2021. California First Leasing Corporation was founded in 1977 and is based in Newport Beach, California.