After Reaching Milestone, Is CB Financial Services Incorporated (NASDAQ:CBFV)’s Short Interest Revealing Something?

January 14, 2018 - By Vivian Park

 After Reaching Milestone, Is CB Financial Services Incorporated (NASDAQ:CBFV)’s Short Interest Revealing Something?

The stock of CB Financial Services Incorporated (NASDAQ:CBFV) registered an increase of 247.17% in short interest. CBFV’s total short interest was 18,400 shares in January as published by FINRA. Its up 247.17% from 5,300 shares, reported previously. With 4,700 shares average volume, it will take short sellers 4 days to cover their CBFV’s short positions. The short interest to CB Financial Services Incorporated’s float is 0.5%.

The stock decreased 0.20% or $0.061 during the last trading session, reaching $30.939. About 2,434 shares traded. CB Financial Services, Inc. (NASDAQ:CBFV) has risen 41.63% since January 14, 2017 and is uptrending. It has outperformed by 24.93% the S&P500.

CB Financial Services, Inc. operates as the bank holding firm for Community Bank, a state chartered commercial bank that provides various banking services and products for individuals and businesses in southwestern Pennsylvania. The company has market cap of $126.48 million. The companyÂ’s deposit products include demand deposits, NOW accounts, money market accounts, savings accounts, and time deposits. It has a 16.65 P/E ratio. The Company’s loan products comprise residential real estate loans, such as one-to four-family mortgage loans, multifamily mortgage loans, home equity installment loans, and home equity lines of credit; commercial real estate loans that are secured primarily by improved properties, such as retail facilities, office buildings, and other non-residential buildings; construction loans to individuals to finance the construction of residential dwellings, as well as for the construction of commercial properties, including hotels, apartment buildings, housing developments, and owner-occupied properties used for businesses; commercial and industrial loans and lines of credit; consumer loans consisting of indirect auto loans, secured and unsecured loans, and lines of credit; and other loans.

CB Financial Services, Inc. (NASDAQ:CBFV) Ratings Coverage

Among 3 analysts covering CB Financial Services Inc (NASDAQ:CBFV), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. CB Financial Services Inc had 8 analyst reports since August 20, 2015 according to SRatingsIntel. As per Thursday, July 27, the company rating was maintained by Keefe Bruyette & Woods. The firm earned “Hold” rating on Tuesday, October 3 by Keefe Bruyette & Woods. The company was initiated on Thursday, August 20 by KBW. Wood downgraded the shares of CBFV in report on Tuesday, November 29 to “Market Perform” rating. The stock of CB Financial Services, Inc. (NASDAQ:CBFV) has “Outperform” rating given on Thursday, August 20 by Wood. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, December 21. Keefe Bruyette & Woods maintained it with “Hold” rating and $31.0 target in Friday, November 17 report. Keefe Bruyette & Woods maintained CB Financial Services, Inc. (NASDAQ:CBFV) on Monday, June 26 with “Hold” rating.

More notable recent CB Financial Services, Inc. (NASDAQ:CBFV) news were published by: Globenewswire.com which released: “CB Financial Services, Inc. Announces Third Quarter 2017 Financial Results” on October 27, 2017, also Globenewswire.com with their article: “CB Financial Services, Inc. Announces First Quarter 2017 Results” published on April 28, 2017, Nasdaq.com published: “Is CB Financial Services (CBFV) a Great Stock for Value Investors?” on December 13, 2017. More interesting news about CB Financial Services, Inc. (NASDAQ:CBFV) were released by: Globenewswire.com and their article: “CB Financial Services, Inc. Promotes Patrick G. O’Brien to President and …” published on May 17, 2017 as well as Globenewswire.com‘s news article titled: “CB Financial Services, Inc. and First West Virginia Bancorp, Inc. Agree to Merge” with publication date: November 16, 2017.

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