C&F Financial Co. (NASDAQ:CFFI) Short Interest Up 6.0% in June

C&F Financial Co. (NASDAQ:CFFI) saw a significant growth in short interest in June. As of June 15th, there was short interest totalling 119,200 shares, a growth of 6.0% from the May 31st total of 112,500 shares. Based on an average daily volume of 16,200 shares, the short-interest ratio is presently 7.4 days. Approximately 3.8% of the shares of the stock are sold short.

Insider Buying and Selling at C&F Financial

In other C&F Financial news, Director George R. Sisson III acquired 1,000 shares of the company’s stock in a transaction dated Tuesday, April 30th. The stock was acquired at an average cost of $39.47 per share, with a total value of $39,470.00. Following the purchase, the director now directly owns 5,635 shares in the company, valued at approximately $222,413.45. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have acquired 2,500 shares of company stock valued at $97,815 over the last quarter. Corporate insiders own 6.30% of the company’s stock.

Hedge Funds Weigh In On C&F Financial

Several large investors have recently added to or reduced their stakes in CFFI. Huber Capital Management LLC boosted its position in shares of C&F Financial by 3.6% in the first quarter. Huber Capital Management LLC now owns 44,061 shares of the financial services provider’s stock worth $2,159,000 after acquiring an additional 1,516 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of C&F Financial by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 164,547 shares of the financial services provider’s stock worth $8,063,000 after buying an additional 945 shares during the last quarter. Clearstead Trust LLC purchased a new position in shares of C&F Financial in the 1st quarter worth $47,000. Empowered Funds LLC boosted its holdings in C&F Financial by 7.9% in the first quarter. Empowered Funds LLC now owns 11,962 shares of the financial services provider’s stock valued at $586,000 after acquiring an additional 875 shares during the last quarter. Finally, John G Ullman & Associates Inc. grew its position in C&F Financial by 5.4% during the first quarter. John G Ullman & Associates Inc. now owns 17,560 shares of the financial services provider’s stock valued at $860,000 after acquiring an additional 900 shares during the period. 37.23% of the stock is currently owned by hedge funds and other institutional investors.

C&F Financial Stock Performance

C&F Financial stock opened at $43.81 on Thursday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.87 and a current ratio of 0.88. C&F Financial has a fifty-two week low of $33.51 and a fifty-two week high of $72.00. The stock has a fifty day moving average of $44.31 and a two-hundred day moving average of $50.65. The company has a market capitalization of $147.11 million, a price-to-earnings ratio of 7.23 and a beta of 0.39.

C&F Financial (NASDAQ:CFFI) last announced its earnings results on Friday, April 19th. The financial services provider reported $1.01 earnings per share for the quarter. The firm had revenue of $30.65 million during the quarter. C&F Financial had a net margin of 13.29% and a return on equity of 9.89%.

C&F Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Friday, June 14th were paid a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.02%. The ex-dividend date was Friday, June 14th. C&F Financial’s dividend payout ratio is presently 29.04%.

About C&F Financial

C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. It operates through three segments: Community Banking, Mortgage Banking, and Consumer Finance. The Community Banking segment offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans.