CBB Bancorp, Inc. (OTCMKTS:CBBI) Short Interest Update

CBB Bancorp, Inc. (OTCMKTS:CBBI) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 900 shares, a decrease of 25.0% from the December 15th total of 1,200 shares. Based on an average trading volume of 6,200 shares, the days-to-cover ratio is currently 0.1 days.

CBB Bancorp Price Performance

Shares of OTCMKTS:CBBI traded up $0.03 during trading on Thursday, hitting $10.47. The company’s stock had a trading volume of 1,100 shares, compared to its average volume of 4,511. The firm has a market cap of $110.88 million, a price-to-earnings ratio of 4.67 and a beta of 0.54. The company has a 50-day moving average of $10.66 and a 200-day moving average of $10.37. CBB Bancorp has a 12 month low of $9.22 and a 12 month high of $11.50.

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

CBB Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 8th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 3.82%. The ex-dividend date of this dividend was Friday, November 8th. This is a positive change from CBB Bancorp’s previous quarterly dividend of $0.08. CBB Bancorp’s payout ratio is currently 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.