CNB Financial Co. (NASDAQ:CCNEP) Sees Significant Increase in Short Interest

CNB Financial Co. (NASDAQ:CCNEP) was the recipient of a large increase in short interest in January. As of January 31st, there was short interest totalling 500 shares, an increase of 150.0% from the January 15th total of 200 shares. Based on an average daily trading volume, of 1,800 shares, the short-interest ratio is currently 0.3 days.

CNB Financial Stock Up 0.5 %

Shares of CNB Financial stock opened at $24.75 on Thursday. CNB Financial has a fifty-two week low of $21.00 and a fifty-two week high of $25.75. The company has a fifty day moving average of $24.94 and a 200 day moving average of $24.51.

CNB Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.4453 per share. The ex-dividend date is Friday, February 14th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.20%.

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.