CNB Financial Co. (NASDAQ:CCNEP) Short Interest Up 140.0% in November

CNB Financial Co. (NASDAQ:CCNEP) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 2,400 shares, an increase of 140.0% from the October 31st total of 1,000 shares. Based on an average daily trading volume, of 2,400 shares, the days-to-cover ratio is presently 1.0 days.

CNB Financial Trading Down 0.0 %

NASDAQ:CCNEP opened at $24.94 on Friday. The firm’s fifty day simple moving average is $24.86 and its 200 day simple moving average is $23.64. CNB Financial has a twelve month low of $20.52 and a twelve month high of $25.60.

CNB Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were paid a $0.4453 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 7.14%. The ex-dividend date was Friday, November 15th.

CNB Financial Company Profile

CNB Financial Corporation operates as the bank holding company for CNB Bank that provides a range of banking products and services for individual, business, governmental, and institutional customers. The company accepts checking, savings, and time deposit accounts; and offers real estate, commercial, industrial, residential, and consumer loans, as well as various other specialized financial services.