First Niles Financial Inc. (OTCMKTS:FNFI) Short Interest Down 53.6% in August

First Niles Financial Inc. (OTCMKTS:FNFIGet Free Report) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 137 shares, a decrease of 53.6% from the July 30th total of 295 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 712 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On First Niles Financial

A hedge fund recently bought a new position in First Niles Financial stock. Public Employees Retirement System of Ohio bought a new stake in shares of First Niles Financial Inc. (OTCMKTS:FNFIFree Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,529 shares of the company’s stock, valued at approximately $97,000. Public Employees Retirement System of Ohio owned about 0.10% of First Niles Financial as of its most recent filing with the Securities & Exchange Commission.

First Niles Financial Trading Down 5.8%

First Niles Financial stock traded down $0.55 on Friday, hitting $8.95. 152 shares of the stock traded hands, compared to its average volume of 331. First Niles Financial has a 1 year low of $7.25 and a 1 year high of $9.59. The firm has a market cap of $13.77 million, a P/E ratio of 14.21 and a beta of 0.30. The business’s fifty day simple moving average is $8.69 and its 200 day simple moving average is $8.14.

First Niles Financial (OTCMKTS:FNFIGet Free Report) last issued its quarterly earnings results on Friday, July 31st. The company reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $3.15 million during the quarter.

First Niles Financial Company Profile

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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.

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