Short Interest in C&F Financial Corporation (NASDAQ:CFFI) Drops By 26.9%

C&F Financial Corporation (NASDAQ:CFFI) saw a large decrease in short interest in December. As of December 31st, there was short interest totaling 52,312 shares, a decrease of 26.9% from the December 15th total of 71,576 shares. Based on an average trading volume of 6,400 shares, the short-interest ratio is presently 8.2 days. Approximately 1.7% of the shares of the stock are short sold. Approximately 1.7% of the shares of the stock are short sold. Based on an average trading volume of 6,400 shares, the short-interest ratio is presently 8.2 days.

C&F Financial Price Performance

C&F Financial stock opened at $70.34 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.89 and a debt-to-equity ratio of 0.37. The company has a 50-day moving average price of $70.88 and a 200 day moving average price of $68.99. C&F Financial has a 12-month low of $53.13 and a 12-month high of $89.90. The stock has a market cap of $227.76 million, a P/E ratio of 8.71 and a beta of 0.34.

C&F Financial (NASDAQ:CFFI) last posted its quarterly earnings results on Tuesday, November 4th. The financial services provider reported $2.18 earnings per share for the quarter. The business had revenue of $36.02 million during the quarter. C&F Financial had a net margin of 14.39% and a return on equity of 10.94%.

C&F Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 1st. Shareholders of record on Monday, December 15th were given a $0.46 dividend. The ex-dividend date was Monday, December 15th. This represents a $1.84 dividend on an annualized basis and a yield of 2.6%. C&F Financial’s payout ratio is currently 22.77%.

Hedge Funds Weigh In On C&F Financial

A number of hedge funds have recently modified their holdings of CFFI. Police & Firemen s Retirement System of New Jersey purchased a new stake in C&F Financial in the 2nd quarter valued at about $36,000. SummerHaven Investment Management LLC acquired a new stake in shares of C&F Financial during the third quarter valued at about $854,000. BNP Paribas Financial Markets raised its stake in shares of C&F Financial by 46.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 618 shares of the financial services provider’s stock valued at $42,000 after acquiring an additional 195 shares during the period. New York State Common Retirement Fund acquired a new position in shares of C&F Financial in the 2nd quarter worth approximately $105,000. Finally, Rhumbline Advisers boosted its position in shares of C&F Financial by 2,137.3% during the 2nd quarter. Rhumbline Advisers now owns 3,177 shares of the financial services provider’s stock worth $196,000 after purchasing an additional 3,035 shares during the period. 37.23% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of C&F Financial in a research note on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

C&F Financial Company Profile

C&F Financial Corporation is the bank holding company for C&F Bank, a community‐focused financial institution headquartered in Stephens City, Virginia. Founded in 1921, the company has grown from a single local bank into a regional franchise serving both retail and commercial clients. While the holding company trades on the Nasdaq under the ticker CFFI, its principal activities remain centered on traditional banking services designed to foster long-term relationships within its communities.

C&F Bank offers a full suite of deposit and lending products, including checking and savings accounts, money market accounts, certificates of deposit, and consumer and commercial loan facilities.