CNB Financial Co. (NASDAQ:CCNEP – Get Free Report) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 1,800 shares, a drop of 5.3% from the December 15th total of 1,900 shares. Based on an average daily trading volume, of 1,900 shares, the short-interest ratio is presently 0.9 days.
CNB Financial Trading Up 2.2 %
CNB Financial stock opened at $24.98 on Tuesday. CNB Financial has a 12-month low of $21.00 and a 12-month high of $25.75. The business’s 50-day simple moving average is $24.97 and its 200 day simple moving average is $24.21.
CNB Financial Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were given a dividend of $0.4453 per share. This represents a $1.78 annualized dividend and a dividend yield of 7.13%. The ex-dividend date was Friday, November 15th.
About CNB Financial
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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