Commercial National Financial Corp. (OTCMKTS:CNAF) Sees Significant Increase in Short Interest

Commercial National Financial Corp. (OTCMKTS:CNAFGet Free Report) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 251 shares, an increase of 445.7% from the May 31st total of 46 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 3,301 shares, the short-interest ratio is currently 0.1 days.

Commercial National Financial Price Performance

OTCMKTS:CNAF opened at $7.88 on Friday. Commercial National Financial has a 1-year low of $6.58 and a 1-year high of $8.70. The company’s fifty day moving average price is $8.11 and its 200-day moving average price is $8.01. The firm has a market capitalization of $22.38 million, a P/E ratio of 11.42 and a beta of 0.40.

Commercial National Financial (OTCMKTS:CNAFGet Free Report) last announced its quarterly earnings results on Thursday, April 16th. The bank reported $999.00 earnings per share (EPS) for the quarter. The firm had revenue of $3.96 million for the quarter.

About Commercial National Financial

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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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