Commercial National Financial Corp. (OTCMKTS:CNAF) Short Interest Up 351.8% in July

Commercial National Financial Corp. (OTCMKTS:CNAF) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 2,982 shares, an increase of 351.8% from the July 15th total of 660 shares. Based on an average daily volume of 4,978 shares, the short-interest ratio is presently 0.6 days. Currently, 0.1% of the shares of the stock are sold short.

Commercial National Financial Stock Performance

Shares of OTCMKTS CNAF opened at $9.08 on Friday. The stock has a fifty day moving average price of $8.27 and a two-hundred day moving average price of $8.19. The firm has a market cap of $25.73 million, a P/E ratio of 12.79 and a beta of 0.39. Commercial National Financial has a 1 year low of $7.12 and a 1 year high of $9.08.

Commercial National Financial (OTCMKTS:CNAF) last issued its quarterly earnings results on Wednesday, July 22nd. The bank reported $0.18 earnings per share (EPS) for the quarter. The firm had revenue of $4.01 million for the quarter.

Commercial National Financial Company Profile

Commercial National Financial Corporation is a bank holding company based in Columbus, Indiana. Through its wholly owned subsidiary, Commercial National Bank, the company provides a comprehensive suite of banking and financial services to both individual and business customers. Its offerings include demand, savings and time deposit accounts, consumer and commercial lending products, mortgage and home equity financing, and treasury management services.

The company’s commercial banking division specializes in lending solutions for small to mid-size enterprises, covering term loans, lines of credit, equipment financing and real estate secured lending.