Short Interest in CBB Bancorp, Inc. (OTCMKTS:CBBI) Decreases By 29.4%

CBB Bancorp, Inc. (OTCMKTS:CBBI) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 1,200 shares, a decrease of 29.4% from the November 30th total of 1,700 shares. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is presently 0.1 days.

CBB Bancorp Stock Performance

Shares of CBBI traded up $0.01 during midday trading on Monday, hitting $10.81. 160 shares of the stock traded hands, compared to its average volume of 12,707. CBB Bancorp has a 1-year low of $9.22 and a 1-year high of $10.95. The business’s 50 day moving average price is $10.59 and its two-hundred day moving average price is $10.29. The firm has a market capitalization of $114.46 million, a PE ratio of 4.83 and a beta of 0.55.

CBB Bancorp (OTCMKTS:CBBI) last announced its quarterly earnings results on Friday, October 25th. The company reported $0.53 EPS for the quarter. The firm had revenue of $17.69 million during the quarter.

CBB Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were given a dividend of $0.10 per share. The ex-dividend date was Friday, November 8th. This is a boost from CBB Bancorp’s previous quarterly dividend of $0.08. This represents a $0.40 annualized dividend and a dividend yield of 3.70%. CBB Bancorp’s dividend payout ratio (DPR) 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.