CNB Financial Co. (NASDAQ:CCNEP) Short Interest Up 120.0% in February

CNB Financial Co. (NASDAQ:CCNEPGet Free Report) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 1,100 shares, an increase of 120.0% from the January 31st total of 500 shares. Based on an average trading volume of 1,700 shares, the short-interest ratio is currently 0.6 days.

CNB Financial Stock Performance

Shares of CCNEP stock opened at $24.45 on Friday. The firm’s 50 day moving average price is $24.88 and its 200-day moving average price is $24.65. CNB Financial has a one year low of $21.00 and a one year high of $25.75.

CNB Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.4453 per share. The ex-dividend date was Friday, February 14th. This represents a $1.78 annualized dividend and a dividend yield of 7.29%.

About CNB Financial

(Get Free Report)

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.

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