California First Leasing Corp. (OTCMKTS:CFNB) Short Interest Update

Key Points

• Short interest dropped 38.4% to 367 shares as of March 13 (from 596 on Feb 26); about 0.1% of shares are sold short and the short-interest ratio is just 0.2 days based on average daily volume of 2,241 shares.
• Stock was flat at $25.00 mid-day with 1,276 shares traded versus an average volume of 799, trading in a 12‑month range of $18.26–$28.75 and sitting below the 50‑day SMA ($27.26) but above the 200‑day SMA ($24.38).

California First Leasing Corp. (OTCMKTS:CFNB - ) was the recipient of a significant drop in short interest in March. As of March 13th, there was short interest totaling 367 shares, a drop of 38.4% from the February 26th total of 596 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,241 shares, the short-interest ratio is presently 0.2 days.

California First Leasing Stock Performance

California First Leasing stock remained flat at $25.00 during mid-day trading on Friday. 1,276 shares of the company's stock traded hands, compared to its average volume of 799. California First Leasing has a 12-month low of $18.26 and a 12-month high of $28.75. The firm's fifty day simple moving average is $27.26 and its two-hundred day simple moving average is $24.38.

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.

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