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

by · The Cerbat Gem

CNB Financial Co. (NASDAQ:CCNEP – Get Free Report) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 2,400 shares, an increase of 140.0% from the October 31st total of 1,000 shares. Based on an average trading volume of 2,400 shares, the short-interest ratio is presently 1.0 days.

CNB Financial Price Performance

Shares of CCNEP stock traded up $0.25 during trading hours on Thursday, reaching $24.95. The company had a trading volume of 4,436 shares, compared to its average volume of 2,608. CNB Financial has a 12-month low of $20.52 and a 12-month high of $25.60. The stock has a fifty day moving average of $24.84 and a 200-day moving average of $23.61.

CNB Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a dividend of $0.4453 per share. The ex-dividend date is Friday, November 15th. This represents a $1.78 annualized dividend and a dividend yield of 7.14%.

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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