C&F Financial Co. (NASDAQ:CFFI) Short Interest Update

C&F Financial Co. (NASDAQ:CFFI - Get Free Report) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 26,200 shares, a growth of 36.5% from the November 30th total of 19,200 shares. Based on an average trading volume of 8,500 shares, the short-interest ratio is currently 3.1 days. Approximately 0.9% of the shares of the company are sold short.

Insider Activity at C&F Financial

In other C&F Financial news, CEO Thomas F. Cherry sold 2,000 shares of the business's stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $70.00, for a total value of $140,000.00. Following the transaction, the chief executive officer now directly owns 39,059 shares of the company's stock, valued at approximately $2,734,130. The trade was a 4.87 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP John A. Seaman III sold 2,500 shares of the firm's stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $74.05, for a total transaction of $185,125.00. Following the completion of the sale, the executive vice president now owns 4,494 shares of the company's stock, valued at $332,780.70. This trade represents a 35.74 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,493 shares of company stock worth $627,075 in the last quarter. Company insiders own 6.30% of the company's stock.

Hedge Funds Weigh In On C&F Financial

Hedge funds have recently bought and sold shares of the company. Allspring Global Investments Holdings LLC acquired a new stake in C&F Financial in the second quarter valued at $31,000. Cubist Systematic Strategies LLC acquired a new stake in C&F Financial in the 2nd quarter valued at about $201,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in C&F Financial during the 2nd quarter valued at about $206,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in C&F Financial during the third quarter worth about $272,000. Finally, Squarepoint Ops LLC purchased a new stake in shares of C&F Financial in the second quarter valued at about $374,000. 37.23% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com downgraded C&F Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, November 19th.

C&F Financial Price Performance

C&F Financial stock traded down $0.80 during midday trading on Monday, reaching $71.38. The company's stock had a trading volume of 13,996 shares, compared to its average volume of 12,436. The firm has a market capitalization of $230.84 million, a PE ratio of 12.61 and a beta of 0.38. C&F Financial has a fifty-two week low of $33.51 and a fifty-two week high of $80.87. The stock's 50 day simple moving average is $71.39 and its 200 day simple moving average is $60.23. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.88 and a current ratio of 0.90.

C&F Financial (NASDAQ:CFFI - Get Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The financial services provider reported $1.65 EPS for the quarter. C&F Financial had a net margin of 11.39% and a return on equity of 8.58%. The firm had revenue of $33.46 million during the quarter.

C&F Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 1st. Investors of record on Friday, December 13th will be issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.47%. The ex-dividend date of this dividend is Friday, December 13th. C&F Financial's dividend payout ratio is currently 31.10%.

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.

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