CNB Financial Co. (NASDAQ:CCNEP) Sees Significant Growth in Short Interest

CNB Financial Co. (NASDAQ:CCNEP) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 300 shares, an increase of 200.0% from the March 31st total of 100 shares. Based on an average trading volume of 1,900 shares, the short-interest ratio is currently 0.2 days.

CNB Financial Trading Down 0.8 %

CCNEP traded down $0.19 on Thursday, hitting $23.11. The company had a trading volume of 210 shares, compared to its average volume of 2,502. CNB Financial has a 12-month low of $17.00 and a 12-month high of $24.45. The business’s fifty day simple moving average is $23.17 and its 200 day simple moving average is $22.29.

CNB Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 16th were issued a $0.4453 dividend. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.71%.

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.