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 daily trading volume, of 6,200 shares, the short-interest ratio is presently 0.1 days.

CBB Bancorp Trading Down 0.7 %

OTCMKTS:CBBI traded down $0.08 during trading hours on Wednesday, hitting $10.45. The stock had a trading volume of 6,600 shares, compared to its average volume of 4,938. The business has a 50 day simple moving average of $10.66 and a two-hundred day simple moving average of $10.37. The company has a market cap of $110.61 million, a PE ratio of 4.66 and a beta of 0.55. CBB Bancorp has a 1-year low of $9.22 and a 1-year high of $11.50.

CBB Bancorp (OTCMKTS:CBBI) last posted its quarterly earnings data 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. Shareholders of record on Friday, November 8th were issued a $0.10 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $0.40 dividend on an annualized basis and a yield of 3.83%. This is a boost from CBB Bancorp’s previous quarterly dividend of $0.08. CBB Bancorp’s dividend payout ratio (DPR) 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.