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

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

CNB Financial Trading Up 0.4 %

CCNEP stock opened at $25.21 on Tuesday. The stock has a 50-day moving average price of $24.99 and a two-hundred day moving average price of $24.43. CNB Financial has a 1 year low of $21.00 and a 1 year high of $25.75.

CNB Financial Dividend Announcement

The company also recently announced 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 dividend on an annualized basis and a yield of 7.07%. The ex-dividend date 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.