First National Financial Co. (OTCMKTS:FNLIF) Short Interest Update

First National Financial Co. (OTCMKTS:FNLIF) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 84,700 shares, a decline of 37.4% from the February 13th total of 135,400 shares. Based on an average daily trading volume, of 1,700 shares, the short-interest ratio is currently 49.8 days.

First National Financial Price Performance

First National Financial stock remained flat at $27.18 during midday trading on Friday. 900 shares of the company were exchanged, compared to its average volume of 1,730. First National Financial has a 12 month low of $25.00 and a 12 month high of $31.75. The company’s 50 day simple moving average is $27.73 and its 200 day simple moving average is $28.53.

Wall Street Analyst Weigh In

Several analysts recently weighed in on FNLIF shares. BMO Capital Markets reaffirmed a “market perform” rating on shares of First National Financial in a report on Thursday, March 6th. Scotiabank reiterated a “sector perform” rating on shares of First National Financial in a research note on Thursday, March 6th.

About First National Financial

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