CNB Financial Co. (NASDAQ:CCNEP) Short Interest Update

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

CNB Financial Stock Up 2.2 %

CCNEP opened at $24.98 on Tuesday. The firm’s 50-day simple moving average is $24.97 and its 200-day simple moving average is $24.21. CNB Financial has a twelve month low of $21.00 and a twelve month high of $25.75.

CNB Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were issued a dividend of $0.4453 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.78 dividend on an annualized basis and a yield of 7.13%.

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.