Short Interest in C&F Financial Co. (NASDAQ:CFFI) Expands By 30.5%

C&F Financial Co. (NASDAQ:CFFI) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 26,500 shares, a growth of 30.5% from the August 31st total of 20,300 shares. Based on an average daily volume of 19,500 shares, the short-interest ratio is currently 1.4 days. Currently, 0.9% of the shares of the company are sold short.

Insider Activity at C&F Financial

In other C&F Financial news, Director Charles Elis Olsson sold 500 shares of C&F Financial stock in a transaction dated Tuesday, July 30th. The stock was sold at an average price of $57.01, for a total transaction of $28,505.00. Following the completion of the transaction, the director now owns 9,375 shares in the company, valued at approximately $534,468.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 6.30% of the stock is currently owned by insiders.

Institutional Trading of C&F Financial

Several institutional investors have recently bought and sold shares of CFFI. Allspring Global Investments Holdings LLC purchased a new position in shares of C&F Financial during the 2nd quarter valued at approximately $31,000. Clearstead Trust LLC acquired a new stake in shares of C&F Financial in the first quarter valued at about $47,000. OLD Point Trust & Financial Services N A acquired a new stake in shares of C&F Financial in the fourth quarter valued at about $48,000. Cubist Systematic Strategies LLC purchased a new stake in shares of C&F Financial during the second quarter worth about $201,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of C&F Financial during the 2nd quarter worth about $206,000. 37.23% of the stock is owned by institutional investors and hedge funds.

C&F Financial Stock Performance

Shares of NASDAQ CFFI traded down $0.62 during midday trading on Friday, reaching $58.88. 3,935 shares of the stock were exchanged, compared to its average volume of 13,733. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.43. The firm has a 50-day simple moving average of $56.31 and a two-hundred day simple moving average of $48.83. C&F Financial has a twelve month low of $33.51 and a twelve month high of $72.00. The firm has a market cap of $197.72 million, a price-to-earnings ratio of 9.72 and a beta of 0.37.

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

C&F Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Friday, September 13th will be issued a $0.44 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.76 dividend on an annualized basis and a yield of 2.99%. C&F Financial’s payout ratio is 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.