Commercial National Financial Corp. (OTCMKTS:CNAF) Shares Shorted: Short Interest Up 1,295.8% in October

Commercial National Financial Corp. (OTCMKTS:CNAF) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 1,982 shares, an increase of 1,295.8% from the October 15th total of 142 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 9,029 shares, the short-interest ratio is currently 0.2 days.

Commercial National Financial Stock Performance

CNAF traded down $0.04 during midday trading on Thursday, reaching $8.24. The company had a trading volume of 1,325 shares, compared to its average volume of 2,263. Commercial National Financial has a 12-month low of $7.50 and a 12-month high of $9.40. The business has a 50-day moving average price of $8.60 and a two-hundred day moving average price of $8.35. The stock has a market cap of $23.07 million, a PE ratio of 10.43 and a beta of 0.41.

Commercial National Financial (OTCMKTS:CNAF) last issued its quarterly earnings results on Thursday, October 22nd. The bank reported $0.24 earnings per share (EPS) for the quarter. The company had revenue of $4.06 million for the quarter.

Commercial National Financial Company Profile

Commercial National Financial Corporation (OTCMKTS:CNAF) is a bank holding company based in Pennsylvania. Through its banking subsidiary, Commercial National Bank, the company provides financial services to individuals, families, businesses and other organizations. Commercial National Bank’s services generally include deposit accounts, consumer and commercial lending, residential mortgage financing, cash-management services and other traditional community-banking products. The bank serves customers through its local branch network and related banking channels.