CNB Financial Co. (NASDAQ:CCNEP) Short Interest Down 90.9% in February

CNB Financial Co. (NASDAQ:CCNEP) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 100 shares, a drop of 90.9% from the February 13th total of 1,100 shares. Based on an average daily trading volume, of 1,600 shares, the short-interest ratio is currently 0.1 days.

CNB Financial Stock Down 1.8 %

Shares of NASDAQ CCNEP opened at $24.65 on Thursday. CNB Financial has a 1-year low of $21.00 and a 1-year high of $25.75. The business’s fifty day moving average price is $24.91 and its two-hundred day moving average price is $24.75.

CNB Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a dividend of $0.4453 per share. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.23%. The ex-dividend date was Friday, February 14th.

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.