CBB Bancorp, Inc. (OTCMKTS:CBBI) Sees Significant Increase in Short Interest

CBB Bancorp, Inc. (OTCMKTS:CBBI) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 200 shares, an increase of 100.0% from the September 15th total of 100 shares. Based on an average daily volume of 13,500 shares, the short-interest ratio is presently 0.0 days.

CBB Bancorp Price Performance

OTCMKTS:CBBI traded up $0.04 during midday trading on Friday, reaching $10.44. The stock had a trading volume of 8,624 shares, compared to its average volume of 14,491. The stock has a market capitalization of $110.56 million, a P/E ratio of 4.46 and a beta of 0.55. CBB Bancorp has a 1-year low of $9.22 and a 1-year high of $10.50. The firm’s fifty day simple moving average is $10.31 and its 200-day simple moving average is $9.95.

CBB Bancorp (OTCMKTS:CBBI) last released its quarterly earnings results on Friday, July 26th. The company reported $0.51 earnings per share (EPS) for the quarter. The firm had revenue of $17.70 million for the quarter.

CBB Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Friday, August 9th were issued a dividend of $0.08 per share. The ex-dividend date was Friday, August 9th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.07%. CBB Bancorp’s payout ratio is presently 13.68%.

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.