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

Chesapeake Financial Shares Inc. (OTCMKTS:CPKF) was the target of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 131 shares, a decline of 71.6% from the May 14th total of 462 shares. Based on an average trading volume of 1,960 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Chesapeake Financial Shares Price Performance

Chesapeake Financial Shares stock remained flat at $34.50 during trading hours on Thursday. 2,025 shares of the company’s stock traded hands, compared to its average volume of 978. The company’s fifty day moving average is $34.33 and its two-hundred day moving average is $31.13. Chesapeake Financial Shares has a 1 year low of $20.34 and a 1 year high of $35.00. The firm has a market capitalization of $161.81 million, a price-to-earnings ratio of 8.18 and a beta of 0.25. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.38.

Chesapeake Financial Shares (OTCMKTS:CPKF) last announced its quarterly earnings results on Monday, May 18th. The bank reported $999.00 EPS for the quarter. Chesapeake Financial Shares had a net margin of 17.24% and a return on equity of 15.88%. Analysts anticipate that Chesapeake Financial Shares will post 3.9 earnings per share for the current year.

Chesapeake Financial Shares Company Profile

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.