Short Interest in CNB Financial Co. (NASDAQ:CCNEP) Decreases By 5.3%

CNB Financial Co. (NASDAQ:CCNEP) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 1,800 shares, a decrease of 5.3% from the December 31st total of 1,900 shares. Based on an average trading volume of 1,900 shares, the short-interest ratio is currently 0.9 days.

CNB Financial Stock Up 0.4 %

NASDAQ:CCNEP opened at $25.21 on Tuesday. The stock’s fifty day moving average price is $24.99 and its two-hundred day moving average price is $24.43. CNB Financial has a 52-week low of $21.00 and a 52-week high of $25.75.

CNB Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a dividend of $0.4453 per share. This represents a $1.78 annualized dividend and a yield of 7.07%. The ex-dividend date of this dividend is Friday, February 14th.

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.