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

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

CBB Bancorp Stock Performance

Shares of CBB Bancorp stock traded up $0.15 during trading hours on Friday, hitting $9.80. The company’s stock had a trading volume of 3,820 shares, compared to its average volume of 2,380. The business has a 50 day moving average price of $9.67 and a two-hundred day moving average price of $9.73. CBB Bancorp has a 12-month low of $9.22 and a 12-month high of $10.92. The company has a market cap of $103.75 million, a PE ratio of 3.78 and a beta of 0.55.

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

CBB Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Friday, May 10th were paid 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 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.