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

CBB Bancorp, Inc. (OTCMKTS:CBBI) was the target of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 1,700 shares, an increase of 1,600.0% from the November 15th total of 100 shares. Based on an average trading volume of 7,900 shares, the short-interest ratio is presently 0.2 days.

CBB Bancorp Trading Up 2.1 %

OTCMKTS:CBBI traded up $0.22 during trading hours on Wednesday, hitting $10.85. The stock had a trading volume of 4,164 shares, compared to its average volume of 13,174. CBB Bancorp has a 1-year low of $9.22 and a 1-year high of $10.95. The company has a market cap of $114.88 million, a PE ratio of 4.84 and a beta of 0.55. The business has a 50 day simple moving average of $10.50 and a two-hundred day simple moving average of $10.20.

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

CBB Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were paid a dividend of $0.10 per share. 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 3.69%. The ex-dividend date was Friday, November 8th. CBB Bancorp’s dividend payout ratio 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.