From MarketBeat:

National Bankshares, Inc. (NASDAQ:NKSH) experienced a significant decrease in short interest in December. There were 120,200 shares sold short as of December 15th, representing a 23.8% decrease from the November 30th total.

A number of institutional investors have adjusted their positions in National Bankshares. BlackRock Inc. now owns 368,240 shares of the bank’s stock worth $10,749,000.

National Bankshares stock traded down $0.92 on Friday, reaching $32.35. The company has a market cap of $190.54 million and a PE ratio of 15.78. It has a 50 day simple moving average of $27.97 and a 200-day simple moving average of $27.70.

On October 26th, National Bankshares reported quarterly earnings of $0.52 per share – a $0.03 difference from analysts’ estimates. The company had revenue of $10.76 million for the quarter, compared to analyst estimates of $11.33 million.

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Read more: Short Interest in National Bankshares, Inc. (NASDAQ:NKSH) Decreases By 23.8%