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

CBB Bancorp, Inc. (OTCMKTS:CBBI) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totalling 1,000 shares, an increase of 233.3% from the June 15th total of 300 shares. Based on an average daily trading volume, of 7,600 shares, the short-interest ratio is currently 0.1 days.

CBB Bancorp Stock Up 1.5 %

OTCMKTS:CBBI traded up $0.15 during midday trading on Friday, reaching $9.80. The stock had a trading volume of 3,820 shares, compared to its average volume of 2,380. The firm has a fifty day simple moving average of $9.67 and a two-hundred day simple moving average of $9.73. CBB Bancorp has a 12-month low of $9.22 and a 12-month high of $10.92. The stock has a market cap of $103.75 million, a P/E ratio of 3.78 and a beta of 0.55.

CBB Bancorp (OTCMKTS:CBBI) last posted its quarterly earnings data on Friday, April 26th. The company reported $0.54 earnings per share for the quarter. The firm had revenue of $18.37 million during the quarter.

CBB Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Friday, May 10th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, May 9th. This represents a $0.32 annualized dividend and a dividend yield of 3.27%. CBB Bancorp’s payout ratio is currently 12.36%.

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.