Commercial National Financial Corp. (OTCMKTS:CNAF) Sees Significant Increase in Short Interest

Commercial National Financial Corp. (OTCMKTS:CNAF) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 251 shares, an increase of 445.7% from the May 31st total of 46 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 3,301 shares, the days-to-cover ratio is currently 0.1 days.

Commercial National Financial Price Performance

Shares of OTCMKTS CNAF opened at $7.88 on Friday. Commercial National Financial has a 1-year low of $6.58 and a 1-year high of $8.70. The company has a market capitalization of $22.38 million, a price-to-earnings ratio of 11.42 and a beta of 0.40. The business has a 50-day moving average of $8.11 and a 200-day moving average of $8.01.

Commercial National Financial (OTCMKTS:CNAF) last announced its earnings results on Thursday, April 16th. The bank reported $999.00 EPS for the quarter. The company had revenue of $3.96 million for the quarter.

About Commercial National Financial

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.