Short Interest in Chesapeake Financial Shares Inc. (OTCMKTS:CPKF) Declines By 71.6%

Chesapeake Financial Shares Inc. (OTCMKTS:CPKF) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 131 shares, a decline of 71.6% from the May 14th total of 462 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 1,960 shares, the short-interest ratio is presently 0.1 days.

Chesapeake Financial Shares Stock Performance

CPKF traded down $0.15 during trading on Friday, hitting $34.35. 1,403 shares of the stock were exchanged, compared to its average volume of 900. The firm has a market capitalization of $161.24 million, a P/E ratio of 8.14 and a beta of 0.25. Chesapeake Financial Shares has a 1-year low of $20.34 and a 1-year high of $35.00. The stock has a fifty day moving average price of $34.43 and a two-hundred day moving average price of $31.28. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.38.

Chesapeake Financial Shares (OTCMKTS:CPKF) last released its quarterly earnings results on Monday, May 18th. The bank reported $999.00 EPS for the quarter. Chesapeake Financial Shares had a return on equity of 15.88% and a net margin of 17.24%. As a group, sell-side analysts predict that Chesapeake Financial Shares will post 3.9 earnings per share for the current year.

Chesapeake Financial Shares Company Profile

Chesapeake Financial Shares, Inc is the bank holding company for Chesapeake Bank, a Virginia‐chartered community bank. The company operates as a locally focused financial institution, offering a comprehensive suite of banking services to individuals, businesses and nonprofit organizations. Through its subsidiary, Chesapeake Bank, it aims to deliver customer‐centric solutions while supporting economic growth in its communities.

Chesapeake Financial Shares’ primary business activities include retail and commercial banking.