California First Leasing Corp. (OTCMKTS:CFNB) Sees Significant Decline in Short Interest

Key Points

• California First Leasing Corp. (CFNB) experienced a 33.3% drop in short interest, with only 400 shares sold short as of July 31st.
• The company’s stock price decreased by $0.21 to $18.80 during mid-day trading, with a 12-month trading range between $18.26 and $25.00.
• California First Leasing specializes in providing loans and lease financing for educational institutions, businesses, and non-profit organizations.

California First Leasing Corp. (OTCMKTS:CFNB - Get Free Report) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 400 shares, adecreaseof33.3% from the July 15th total of 600 shares. Approximately0.0% of the company's shares are sold short. Based on an average daily volume of 1,500 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 1,500 shares, the short-interest ratio is currently 0.3 days. Approximately0.0% of the company's shares are sold short.

California First Leasing Price Performance

Shares of CFNB stock remained flat at $18.80 on Friday. 85 shares of the stock were exchanged, compared to its average volume of 162. California First Leasing has a one year low of $18.26 and a one year high of $25.00. The firm has a 50 day simple moving average of $18.85 and a 200-day simple moving average of $19.62.

About California First Leasing

California First Leasing Corporation provides loans and lease financing for universities, businesses, and other commercial or non-profit organizations. The company was formerly known as California First National Bancorp and changed its name to California First Leasing Corporation in February 2021. California First Leasing Corporation was founded in 1977 and is based in Newport Beach, California.