First National Financial Co. (OTCMKTS:FNLIF) Sees Large Drop in Short Interest

First National Financial Co. (OTCMKTS:FNLIF) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 165,000 shares, a decline of 14.8% from the October 15th total of 193,700 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is presently 183.3 days.

First National Financial Stock Performance

FNLIF traded up $0.25 on Monday, reaching $30.74. The company’s stock had a trading volume of 2,590 shares, compared to its average volume of 700. The stock has a 50 day moving average of $28.74 and a two-hundred day moving average of $27.41. First National Financial has a fifty-two week low of $24.95 and a fifty-two week high of $30.90.

First National Financial Company Profile

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. It operates in two segments, Residential and Commercial segments. The company offers single-family and multi-unit residential, and commercial mortgages.