Short Interest in First Niles Financial Inc. (OTCMKTS:FNFI) Expands By 137.0%

First Niles Financial Inc. (OTCMKTS:FNFI) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 173 shares, a growth of 137.0% from the May 14th total of 73 shares. Based on an average trading volume of 434 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the shares of the stock are short sold.

First Niles Financial Stock Performance

Shares of FNFI opened at $7.75 on Friday. First Niles Financial has a 52 week low of $7.25 and a 52 week high of $9.14. The stock has a market capitalization of $11.94 million, a price-to-earnings ratio of 16.49 and a beta of 0.32. The stock has a fifty day moving average of $7.87 and a 200-day moving average of $7.87.

First Niles Financial (OTCMKTS:FNFI) last announced its quarterly earnings results on Monday, April 27th. The company reported $0.16 EPS for the quarter. The firm had revenue of $2.52 million during the quarter.

About First Niles Financial

First Niles Financial, Inc operates as a holding company for the Home Federal Savings and Loan Association of Niles that provides various banking products and services in Ohio, the United States. The company offers personal and business checking and savings, money market deposit, and Christmas club accounts, as well as certificates of deposit. It also provides various loans, including mortgage and consumer loans, home equity lines of credit, and commercial loans and lines of credit. In addition, the company provides e-statement, and night depository services; debit and ATM cards; safe deposit boxes; direct deposits; I.R.A.