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Short Interest in Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) Declines By 80.0%

Chesapeake Financial Shares logo with Finance background

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF - Get Free Report) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 200 shares, a decrease of 80.0% from the September 30th total of 1,000 shares. Based on an average daily volume of 800 shares, the short-interest ratio is presently 0.3 days.

Chesapeake Financial Shares Stock Performance

Shares of CPKF remained flat at $18.60 during mid-day trading on Friday. The stock had a trading volume of 1,807 shares, compared to its average volume of 1,873. Chesapeake Financial Shares has a 52 week low of $16.25 and a 52 week high of $20.25. The stock has a market cap of $87.64 million, a PE ratio of 9.54 and a beta of 0.50. The business's fifty day moving average price is $18.75 and its 200-day moving average price is $17.95. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.24.

Chesapeake Financial Shares (OTCMKTS:CPKF - Get Free Report) last released its quarterly earnings data on Monday, October 21st. The bank reported $0.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.56 by ($0.01). The business had revenue of $18.16 million during the quarter, compared to analyst estimates of $17.40 million. Chesapeake Financial Shares had a net margin of 10.11% and a return on equity of 9.35%. Research analysts anticipate that Chesapeake Financial Shares will post 2.3 EPS for the current year.

Chesapeake Financial Shares Company Profile

(Get Free Report)

Chesapeake Financial Shares, Inc operates as the bank holding company for Chesapeake Bank that provides various banking products and services for individuals and businesses in the United States. The company accepts interest and noninterest checking, savings, and money market accounts; and variable-rate and fixed-term money market accounts, as well as certificates of deposit.

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