Short Interest in CBB Bancorp, Inc. (OTCMKTS:CBBI) Decreases By 87.5%

CBB Bancorp, Inc. (OTCMKTS:CBBI) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 100 shares, a decrease of 87.5% from the February 28th total of 800 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 19,100 shares, the short-interest ratio is presently 0.0 days.

CBB Bancorp Stock Performance

OTCMKTS:CBBI traded down $0.25 on Friday, hitting $11.00. The stock had a trading volume of 6,126 shares, compared to its average volume of 9,212. CBB Bancorp has a 1 year low of $9.28 and a 1 year high of $11.65. The firm’s fifty day simple moving average is $10.84 and its two-hundred day simple moving average is $10.63. The stock has a market cap of $116.47 million, a P/E ratio of 5.19 and a beta of 0.50.

CBB Bancorp (OTCMKTS:CBBI) last issued its quarterly earnings results on Friday, January 31st. The company reported $0.54 EPS for the quarter.

CBB Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 3.64%. The ex-dividend date of this dividend was Friday, February 14th. CBB Bancorp’s payout ratio is 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.