CBB Bancorp, Inc. (OTCMKTS:CBBI) Short Interest Update

CBB Bancorp, Inc. (OTCMKTS:CBBI) was the target of a significant growth in short interest in November. As of November 30th, there was short interest totalling 1,700 shares, a growth of 1,600.0% from the November 15th total of 100 shares. Based on an average daily volume of 7,900 shares, the short-interest ratio is presently 0.2 days.

CBB Bancorp Trading Down 1.3 %

Shares of OTCMKTS CBBI opened at $10.55 on Friday. The company has a market capitalization of $111.70 million, a price-to-earnings ratio of 4.71 and a beta of 0.55. CBB Bancorp has a twelve month low of $9.22 and a twelve month high of $10.95. The business has a 50 day simple moving average of $10.52 and a 200-day simple moving average of $10.20.

CBB Bancorp (OTCMKTS:CBBI) last released its earnings results on Friday, October 25th. The company reported $0.53 earnings per share for the quarter. The business had revenue of $17.69 million for the quarter.

CBB Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were paid a dividend of $0.10 per share. This is a positive change from CBB Bancorp’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Friday, November 8th. This represents a $0.40 annualized dividend and a yield of 3.79%. CBB Bancorp’s dividend payout ratio is 17.86%.

About CBB Bancorp

CBB Bancorp, Inc operates as the holding company for Commonwealth Business Bank that provides various commercial banking products and services to individuals and businesses in the United States. It offers checking, savings, money market, and certification of deposit accounts; SBA lending; business lines of credit; business term loans; business and commercial property loans; construction loans; and credit cards.