First Niles Financial Inc. (OTCMKTS:FNFI) Sees Significant Increase in Short Interest

First Niles Financial Inc. (OTCMKTS:FNFI) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 387 shares, a growth of 74.3% from the June 15th total of 222 shares. Based on an average daily volume of 4,329 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

First Niles Financial Price Performance

Shares of OTCMKTS FNFI opened at $8.80 on Friday. The firm’s fifty day moving average is $8.06 and its 200 day moving average is $7.95. First Niles Financial has a 52 week low of $7.25 and a 52 week high of $9.00. The company has a market cap of $13.55 million, a price-to-earnings ratio of 18.72 and a beta of 0.29.

First Niles Financial (OTCMKTS:FNFI) last announced its quarterly earnings results on Monday, April 27th. The company reported $0.16 earnings per share (EPS) for the quarter. The firm had revenue of $2.52 million during the quarter.

First Niles Financial Company Profile

First Niles Financial, Inc operates as a holding company for the Home Federal Savings and Loan Association of Niles that provides various banking products and services in Ohio, the United States. The company offers personal and business checking and savings, money market deposit, and Christmas club accounts, as well as certificates of deposit. It also provides various loans, including mortgage and consumer loans, home equity lines of credit, and commercial loans and lines of credit. In addition, the company provides e-statement, and night depository services; debit and ATM cards; safe deposit boxes; direct deposits; I.R.A.