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

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

CBB Bancorp Stock Up 0.1 %

Shares of CBBI stock traded up $0.01 on Friday, hitting $10.81. The company had a trading volume of 160 shares, compared to its average volume of 12,707. CBB Bancorp has a twelve month low of $9.22 and a twelve month high of $10.95. The firm has a market cap of $114.46 million, a P/E ratio of 4.83 and a beta of 0.55. The company has a 50-day moving average price of $10.58 and a 200-day moving average price of $10.28.

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

CBB Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were paid a $0.10 dividend. 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%. The ex-dividend date was Friday, November 8th. CBB Bancorp’s payout ratio is currently 17.86%.

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.