CNB Financial Co. (NASDAQ:CCNEP) Short Interest Update

CNB Financial Co. (NASDAQ:CCNEP) saw a significant growth in short interest in September. As of September 30th, there was short interest totalling 1,800 shares, a growth of 38.5% from the September 15th total of 1,300 shares. Based on an average daily trading volume, of 3,000 shares, the short-interest ratio is presently 0.6 days.

CNB Financial Stock Down 1.5 %

CNB Financial stock traded down $0.37 during midday trading on Friday, hitting $24.63. The stock had a trading volume of 2,337 shares, compared to its average volume of 2,606. The business has a fifty day moving average price of $23.96 and a 200 day moving average price of $23.23. CNB Financial has a 12 month low of $18.42 and a 12 month high of $25.60.

CNB Financial Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Friday, August 16th were issued a dividend of $0.4453 per share. This represents a $1.78 annualized dividend and a dividend yield of 7.23%. The ex-dividend date was Friday, August 16th.

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.