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

CBB Bancorp, Inc. (OTCMKTS:CBBI - Get Free Report) saw a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 800 shares, a decline of 50.0% from the January 15th total of 1,600 shares. Based on an average daily volume of 5,200 shares, the days-to-cover ratio is currently 0.2 days.

CBB Bancorp Trading Down 0.9 %

CBBI stock traded down $0.10 during midday trading on Monday, hitting $10.50. The stock had a trading volume of 500 shares, compared to its average volume of 3,922. The firm has a market cap of $111.20 million, a P/E ratio of 4.95 and a beta of 0.54. CBB Bancorp has a 1-year low of $9.28 and a 1-year high of $11.50. The business has a fifty day moving average price of $10.64 and a two-hundred day moving average price of $10.48.

CBB Bancorp (OTCMKTS:CBBI - Get Free Report) last released its earnings results on Friday, January 31st. The company reported $0.54 earnings per share (EPS) for the quarter.

CBB Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.10 per share. The ex-dividend date is Friday, February 14th. This represents a $0.40 annualized dividend and a dividend yield of 3.81%. CBB Bancorp's dividend payout ratio is currently 18.87%.

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.