C&F Financial Co. (NASDAQ:CFFI) Short Interest Down 74.4% in July

C&F Financial Co. (NASDAQ:CFFI) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 23,100 shares, a drop of 74.4% from the June 30th total of 90,200 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average trading volume of 25,200 shares, the days-to-cover ratio is presently 0.9 days.

Insider Activity at C&F Financial

In other C&F Financial news, Director George R. Sisson III purchased 1,000 shares of C&F Financial stock in a transaction on Tuesday, April 30th. The stock was bought at an average price of $39.47 per share, for a total transaction of $39,470.00. Following the transaction, the director now owns 5,635 shares of the company’s stock, valued at approximately $222,413.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 6.30% of the stock is owned by insiders.

Institutional Investors Weigh In On C&F Financial

Institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake 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 acquiring an additional 945 shares in the last quarter. Huber Capital Management LLC boosted its position in shares of C&F Financial by 3.6% in the 1st quarter. Huber Capital Management LLC now owns 44,061 shares of the financial services provider’s stock valued at $2,159,000 after purchasing an additional 1,516 shares during the period. John G Ullman & Associates Inc. increased its stake in C&F Financial by 5.4% in the 1st quarter. John G Ullman & Associates Inc. now owns 17,560 shares of the financial services provider’s stock worth $860,000 after purchasing an additional 900 shares in the last quarter. Empowered Funds LLC raised its holdings in C&F Financial by 7.9% during the 1st quarter. Empowered Funds LLC now owns 11,962 shares of the financial services provider’s stock worth $586,000 after buying an additional 875 shares during the period. Finally, BNP Paribas Financial Markets lifted its stake in C&F Financial by 69.4% during the first quarter. BNP Paribas Financial Markets now owns 8,018 shares of the financial services provider’s stock valued at $393,000 after buying an additional 3,286 shares in the last quarter. 37.23% of the stock is owned by institutional investors and hedge funds.

C&F Financial Price Performance

NASDAQ:CFFI traded up $0.69 during midday trading on Friday, hitting $57.00. 1,899 shares of the stock were exchanged, compared to its average volume of 15,164. The business has a 50-day moving average price of $46.56 and a two-hundred day moving average price of $48.58. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $191.52 million, a price-to-earnings ratio of 9.29 and a beta of 0.39. C&F Financial has a one year low of $33.51 and a one year high of $72.00.

C&F Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Friday, June 14th were issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 3.09%. The ex-dividend date of this dividend was Friday, June 14th. C&F Financial’s payout ratio is currently 29.04%.

C&F Financial Company Profile

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.