Chesapeake Financial Shares Inc. (OTCMKTS:CPKF) Sees Significant Growth in Short Interest

Chesapeake Financial Shares Inc. (OTCMKTS:CPKF) saw a large growth in short interest in February. As of February 13th, there was short interest totaling 2,330 shares, a growth of 119.4% from the January 29th total of 1,062 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 10,823 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 10,823 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Chesapeake Financial Shares Stock Down 1.6%

OTCMKTS CPKF traded down $0.51 on Friday, hitting $31.49. 232 shares of the company were exchanged, compared to its average volume of 2,918. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.40. The company has a market cap of $148.32 million, a PE ratio of 22.49 and a beta of 0.26. The stock has a fifty day moving average of $29.51 and a 200-day moving average of $25.48. Chesapeake Financial Shares has a 12 month low of $18.10 and a 12 month high of $32.25.

About Chesapeake Financial Shares

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.