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

CBB Bancorp, Inc. (OTCMKTS:CBBI) was the target of a significant decline in short interest in 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 trading volume of 9,000 shares, the days-to-cover ratio is presently 0.1 days.

CBB Bancorp Stock Performance

Shares of CBBI stock traded up $0.01 during mid-day trading on Friday, hitting $10.81. The company’s stock had a trading volume of 160 shares, compared to its average volume of 12,707. The stock has a market cap of $114.46 million, a price-to-earnings ratio of 4.83 and a beta of 0.55. CBB Bancorp has a 52-week low of $9.22 and a 52-week high of $10.95. The business has a 50-day moving average price of $10.58 and a 200 day moving average price of $10.27.

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

CBB Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 3.70%. The ex-dividend date was Friday, November 8th. This is a boost from CBB Bancorp’s previous quarterly dividend of $0.08. 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.