Short Interest in California First Leasing Corp. (OTCMKTS:CFNB) Drops By 25.0%

Key Points

• California First Leasing Corp. experienced a 25.0% decrease in short interest, dropping to 300 shares as of August 15th from 400 shares at the end of July.
• The company’s stock was trading at $20.15, having recently moved down by $0.25 with an average trading volume of 400 shares.
• California First Leasing specializes in loan and lease financing for universities, businesses, and non-profit organizations, and rebranded from California First National Bancorp in February 2021.

California First Leasing Corp. (OTCMKTS:CFNB - Get Free Report) was the target of a significant decrease in short interest in the month of August. As of August 15th, there was short interest totaling 300 shares, a decrease of 25.0% from the July 31st total of 400 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 0.8 days. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 0.8 days.

California First Leasing Stock Performance

OTCMKTS:CFNB remained flat at $19.93 during mid-day trading on Friday. The stock has a fifty day simple moving average of $19.17 and a 200 day simple moving average of $19.36. California First Leasing has a 1 year low of $18.26 and a 1 year high of $25.00.

California First Leasing Company Profile

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.