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

CBB Bancorp, Inc. (OTCMKTS:CBBI) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 100 shares, a decline of 87.5% from the February 28th total of 800 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 19,100 shares, the short-interest ratio is presently 0.0 days.

CBB Bancorp Price Performance

CBBI stock traded up $0.12 during trading on Wednesday, reaching $11.25. 5,526 shares of the stock traded hands, compared to its average volume of 9,270. The business’s 50 day moving average price is $10.83 and its 200-day moving average price is $10.63. The firm has a market capitalization of $119.12 million, a PE ratio of 5.31 and a beta of 0.50. CBB Bancorp has a 52-week low of $9.28 and a 52-week high of $11.65.

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

CBB Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a $0.10 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.40 annualized dividend and a dividend yield of 3.56%. CBB Bancorp’s dividend payout ratio (DPR) is presently 18.87%.

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.