Commercial National Financial Corp. (OTCMKTS:CNAF – Get Free Report) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 781 shares, a decrease of 68.4% from the August 15th total of 2,468 shares. Based on an average daily volume of 1,901 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.
Commercial National Financial Price Performance
Shares of OTCMKTS:CNAF opened at $9.00 on Friday. The firm has a fifty day moving average price of $8.71 and a two-hundred day moving average price of $8.34. Commercial National Financial has a one year low of $7.50 and a one year high of $9.40. The company has a market cap of $25.47 million, a price-to-earnings ratio of 12.68 and a beta of 0.40.
Commercial National Financial (OTCMKTS:CNAF – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The bank reported $0.18 EPS for the quarter. The firm had revenue of $4.01 million for the quarter.
Commercial National Financial Company Profile
Commercial National Financial Corporation is a bank holding company based in Columbus, Indiana. Through its wholly owned subsidiary, Commercial National Bank, the company provides a comprehensive suite of banking and financial services to both individual and business customers. Its offerings include demand, savings and time deposit accounts, consumer and commercial lending products, mortgage and home equity financing, and treasury management services.
The company’s commercial banking division specializes in lending solutions for small to mid-size enterprises, covering term loans, lines of credit, equipment financing and real estate secured lending.
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