Short Interest in CBB Bancorp, Inc. (OTCMKTS:CBBI) Decreases By 87.5%

CBB Bancorp, Inc. (OTCMKTS:CBBI) was the target of a large drop in short interest in February. As of February 15th, there was short interest totalling 100 shares, a drop of 87.5% from the January 31st total of 800 shares. Based on an average trading volume of 18,700 shares, the days-to-cover ratio is presently 0.0 days.

CBB Bancorp Stock Up 1.8 %

Shares of CBB Bancorp stock traded up $0.20 during midday trading on Friday, hitting $11.10. The company’s stock had a trading volume of 23,024 shares, compared to its average volume of 10,889. The firm has a market capitalization of $117.53 million, a P/E ratio of 5.24 and a beta of 0.54. The stock has a 50-day simple moving average of $10.65 and a 200-day simple moving average of $10.52. CBB Bancorp has a 1-year low of $9.28 and a 1-year high of $11.50.

CBB Bancorp (OTCMKTS:CBBI) last announced its quarterly earnings data on Friday, January 31st. The company reported $0.54 earnings per share (EPS) for the quarter.

CBB Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.60%. CBB Bancorp’s payout ratio is presently 18.87%.

CBB Bancorp Company Profile

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.