Chesapeake Financial Shares Inc. (OTCMKTS:CPKF) Short Interest Down 24.3% in December

Chesapeake Financial Shares Inc. (OTCMKTS:CPKF) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 240 shares, a decrease of 24.3% from the December 15th total of 317 shares. Based on an average daily trading volume, of 1,200 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,200 shares, the short-interest ratio is presently 0.2 days.

Chesapeake Financial Shares Trading Up 0.5%

Shares of Chesapeake Financial Shares stock opened at $28.25 on Tuesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.64 and a current ratio of 0.65. The stock has a market capitalization of $133.06 million, a P/E ratio of 20.18 and a beta of 0.24. Chesapeake Financial Shares has a 52-week low of $18.10 and a 52-week high of $28.90. The stock’s 50-day simple moving average is $26.78 and its 200 day simple moving average is $23.70.

Chesapeake Financial Shares (OTCMKTS:CPKF) last announced its quarterly earnings results on Wednesday, October 22nd. The bank reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.39. Chesapeake Financial Shares had a net margin of 6.72% and a return on equity of 11.80%. The company had revenue of $21.64 million for the quarter, compared to analysts’ expectations of $19.40 million. As a group, research analysts anticipate that Chesapeake Financial Shares will post 2.45 EPS for the current year.

Chesapeake Financial Shares Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 15th. Investors of record on Tuesday, December 2nd were paid a dividend of $0.17 per share. This represents a dividend yield of 278.0%. The ex-dividend date was Monday, December 1st. This is a positive change from Chesapeake Financial Shares’s previous dividend of $0.16. Chesapeake Financial Shares’s dividend payout ratio is presently 48.57%.

About Chesapeake Financial Shares

Chesapeake Financial Shares, Inc is the bank holding company for Chesapeake Bank, a Virginia‐chartered community bank. The company operates as a locally focused financial institution, offering a comprehensive suite of banking services to individuals, businesses and nonprofit organizations. Through its subsidiary, Chesapeake Bank, it aims to deliver customer‐centric solutions while supporting economic growth in its communities.

Chesapeake Financial Shares’ primary business activities include retail and commercial banking.