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First National Financial Co. (OTCMKTS:FNLIF) Short Interest Down 6.3% in September

kopsource ·  Oct 5, 2022 03:02

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

First National Financial Stock Performance

Shares of OTCMKTS FNLIF opened at $27.00 on Wednesday. First National Financial has a 12-month low of $25.52 and a 12-month high of $37.41. The firm has a 50 day moving average of $28.44 and a 200 day moving average of $28.70.

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Analysts Set New Price Targets

FNLIF has been the subject of several research reports. National Bank Financial decreased their price objective on shares of 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 shares of 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 shares of First National Financial from C$38.00 to C$37.00 in a report on Thursday, July 28th. Five analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $38.20.

First National Financial Company Profile

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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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