C&F Financial Co. (NASDAQ:CFFI) Short Interest Update

C&F Financial Co. (NASDAQ:CFFI) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 20,300 shares, an increase of 7.4% from the August 15th total of 18,900 shares. Based on an average daily trading volume, of 20,800 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.7% of the shares of the company are sold short.

Insider Transactions at C&F Financial

In other C&F Financial news, Director Charles Elis Olsson sold 500 shares of the firm’s stock in a transaction dated Tuesday, July 30th. The shares were sold at an average price of $57.01, for a total value of $28,505.00. Following the transaction, the director now owns 9,375 shares of the company’s stock, valued at $534,468.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 6.30% of the company’s stock.

Institutional Investors Weigh In On C&F Financial

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CFFI. Vanguard Group Inc. boosted its stake in C&F Financial by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 164,547 shares of the financial services provider’s stock worth $8,063,000 after purchasing an additional 945 shares during the period. Renaissance Technologies LLC boosted its position in shares of C&F Financial by 9.1% in the second quarter. Renaissance Technologies LLC now owns 89,960 shares of the financial services provider’s stock worth $4,336,000 after buying an additional 7,500 shares during the period. Huber Capital Management LLC grew its holdings in shares of C&F Financial by 42.7% during the second quarter. Huber Capital Management LLC now owns 62,865 shares of the financial services provider’s stock valued at $3,030,000 after buying an additional 18,804 shares in the last quarter. John G Ullman & Associates Inc. raised its position in C&F Financial by 5.4% during the first quarter. John G Ullman & Associates Inc. now owns 17,560 shares of the financial services provider’s stock valued at $860,000 after buying an additional 900 shares during the period. Finally, Empowered Funds LLC lifted its stake in C&F Financial by 7.9% in the 1st quarter. Empowered Funds LLC now owns 11,962 shares of the financial services provider’s stock worth $586,000 after acquiring an additional 875 shares in the last quarter. Institutional investors own 37.23% of the company’s stock.

C&F Financial Stock Performance

CFFI stock traded up $0.22 during mid-day trading on Wednesday, reaching $57.71. The company had a trading volume of 6,841 shares, compared to its average volume of 13,936. The stock’s 50-day simple moving average is $54.63 and its two-hundred day simple moving average is $48.43. The stock has a market capitalization of $193.79 million, a P/E ratio of 9.49 and a beta of 0.37. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.43. C&F Financial has a one year low of $33.51 and a one year high of $72.00.

C&F Financial (NASDAQ:CFFI) last issued its quarterly earnings data on Wednesday, July 24th. The financial services provider reported $1.50 earnings per share for the quarter. C&F Financial had a net margin of 12.16% and a return on equity of 9.05%. The firm had revenue of $31.15 million for the quarter.

C&F Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th will be paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date of this dividend is Friday, September 13th. C&F Financial’s dividend payout ratio is currently 29.04%.

About C&F Financial

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. It operates through three segments: Community Banking, Mortgage Banking, and Consumer Finance. The Community Banking segment offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.