CNB Financial Co. (NASDAQ:CCNEP) Short Interest Down 18.8% in September

CNB Financial Co. (NASDAQ:CCNEP) saw a significant decrease in short interest in September. As of September 15th, there was short interest totalling 1,300 shares, a decrease of 18.8% from the August 31st total of 1,600 shares. Based on an average daily volume of 2,900 shares, the short-interest ratio is currently 0.4 days.

CNB Financial Stock Performance

CNB Financial stock remained flat at $24.22 during trading hours on Friday. CNB Financial has a one year low of $18.42 and a one year high of $25.60. The business’s fifty day simple moving average is $23.56 and its 200 day simple moving average is $23.13.

CNB Financial Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Friday, August 16th were paid a $0.4453 dividend. This represents a $1.78 annualized dividend and a dividend yield of 7.35%. The ex-dividend date of this dividend was Friday, August 16th.

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.