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

CBB Bancorp, Inc. (OTCMKTS:CBBI) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 1,100 shares, a growth of 1,000.0% from the February 29th total of 100 shares. Based on an average daily trading volume, of 24,300 shares, the days-to-cover ratio is currently 0.0 days.

CBB Bancorp Price Performance

Shares of OTCMKTS:CBBI opened at $9.95 on Friday. The business’s fifty day moving average price is $9.75 and its two-hundred day moving average price is $9.92. CBB Bancorp has a fifty-two week low of $9.16 and a fifty-two week high of $10.92. The stock has a market capitalization of $105.37 million, a price-to-earnings ratio of 3.66 and a beta of 0.52.

CBB Bancorp (OTCMKTS:CBBI) last issued its earnings results on Friday, January 26th. The company reported $0.66 EPS for the quarter. The firm had revenue of $19.13 million during the quarter.

CBB Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Friday, February 9th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 3.22%. The ex-dividend date of this dividend was Thursday, February 8th. CBB Bancorp’s payout ratio is currently 11.76%.

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.