Camden National Corp. (CAC) saw 31.5% rise in short interest, totaling 460,100 shares in September.
Camden National Corporation (NASDAQ: CAC) experienced a 31.5% rise in short interest in September, totaling 460,100 shares. Currently, 3.3% of its shares are shorted, with a days-to-cover ratio of 7.0. The bank holding company reported earnings of $0.81 per share, exceeding estimates, and announced a quarterly dividend of $0.42. Analysts' outlooks are mixed, with price targets ranging from $40.00 to $42.00.
September 30, 2024
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