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

C&F Financial Co. (NASDAQ:CFFI) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 32,800 shares, an increase of 20.1% from the February 28th total of 27,300 shares. Currently, 1.1% of the shares of the stock are sold short. Based on an average daily volume of 10,400 shares, the short-interest ratio is currently 3.2 days.

Insider Activity

In other news, CEO Mark A. Fox sold 1,032 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $81.00, for a total transaction of $83,592.00. Following the completion of the sale, the chief executive officer now directly owns 11,005 shares of the company’s stock, valued at $891,405. This trade represents a 8.57 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 6.30% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Ritholtz Wealth Management acquired a new position in shares of C&F Financial in the fourth quarter worth $218,000. Empowered Funds LLC grew its stake in C&F Financial by 5.0% in the fourth quarter. Empowered Funds LLC now owns 14,203 shares of the financial services provider’s stock valued at $1,012,000 after purchasing an additional 671 shares in the last quarter. Raymond James Financial Inc. purchased a new position in C&F Financial in the fourth quarter valued at about $1,598,000. Connor Clark & Lunn Investment Management Ltd. increased its position in C&F Financial by 10.1% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,143 shares of the financial services provider’s stock worth $366,000 after purchasing an additional 473 shares during the last quarter. Finally, Truffle Hound Capital LLC purchased a new stake in shares of C&F Financial during the 4th quarter worth about $5,344,000. Institutional investors and hedge funds own 37.23% of the company’s stock.

C&F Financial Stock Up 2.5 %

Shares of C&F Financial stock opened at $68.40 on Thursday. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.41. C&F Financial has a 12-month low of $33.51 and a 12-month high of $89.90. The firm has a market capitalization of $221.62 million, a PE ratio of 11.34 and a beta of 0.33. The stock’s fifty day moving average is $75.78 and its 200-day moving average is $70.64.

C&F Financial (NASDAQ:CFFI) last posted its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $1.87 earnings per share (EPS) for the quarter. C&F Financial had a return on equity of 8.97% and a net margin of 11.67%.

C&F Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 14th were issued a dividend of $0.46 per share. This is a boost from C&F Financial’s previous quarterly dividend of $0.44. This represents a $1.84 annualized dividend and a dividend yield of 2.69%. The ex-dividend date was Friday, March 14th. C&F Financial’s dividend payout ratio (DPR) is currently 30.51%.

C&F Financial Company Profile

C&F Financial Corp. is a bank holding company, which engages in the provision of banking services to individuals and businesses. It operates through the following segments: Community Banking, Mortgage Banking and Consumer Finance. The Community Banking segment provides checking and savings deposit accounts, business, real estate, development, mortgage, home equity, and installment loans.