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First National Financial Co. (OTCMKTS:FNLIF) Sees Significant Decline in Short Interest

Defense World ·  Oct 3, 2022 04:02

First National Financial Co. (OTCMKTS:FNLIF – Get Rating) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totalling 165,000 shares, a decline of 6.3% from the August 31st total of 176,000 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 825.0 days.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on FNLIF. National Bank Financial decreased their price objective on First National Financial from C$36.00 to C$35.00 in a report on Wednesday, July 27th. BMO Capital Markets decreased their price objective on First National Financial from C$38.00 to C$36.00 in a report on Thursday, July 28th. Finally, Scotiabank decreased their price objective on First National Financial from C$38.00 to C$37.00 in a report on Thursday, July 28th. Five equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $38.20.

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First National Financial Trading Down 2.7 %

Shares of First National Financial stock opened at $26.25 on Monday. The stock has a fifty day simple moving average of $28.51 and a 200 day simple moving average of $28.77. First National Financial has a 12-month low of $25.52 and a 12-month high of $37.41.

First National Financial Company Profile

(Get Rating)

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. The company operates in two segments, Residential and Commercial segments. It offers single-family residential, and multi-unit residential and commercial mortgages.

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