Chesapeake Financial Shares Inc. (OTCMKTS:CPKF) Sees Large Decrease in Short Interest

Chesapeake Financial Shares Inc. (OTCMKTS:CPKFGet Free Report) saw a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 100 shares, a decrease of 96.7% from the April 15th total of 2,992 shares. Based on an average daily volume of 4,216 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Chesapeake Financial Shares Stock Performance

Shares of CPKF remained flat at $34.74 during mid-day trading on Tuesday. 6,257 shares of the stock traded hands, compared to its average volume of 2,476. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.66 and a quick ratio of 0.66. The stock has a market capitalization of $163.63 million, a PE ratio of 8.23 and a beta of 0.25. The business has a 50 day simple moving average of $33.22 and a 200-day simple moving average of $29.44. Chesapeake Financial Shares has a twelve month low of $19.41 and a twelve month high of $34.75.

Chesapeake Financial Shares (OTCMKTS:CPKFGet Free Report) last announced its quarterly earnings data on Tuesday, April 21st. The bank reported $1.15 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.17. The firm had revenue of $21.49 million during the quarter, compared to analysts’ expectations of $21.30 million. Chesapeake Financial Shares had a return on equity of 15.88% and a net margin of 17.24%. As a group, analysts anticipate that Chesapeake Financial Shares will post 3.9 earnings per share for the current year.

About Chesapeake Financial Shares

(Get Free Report)

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.

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