CBB Bancorp, Inc. (OTCMKTS:CBBI) Short Interest Down 29.4% in December

CBB Bancorp, Inc. (OTCMKTS:CBBI) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 1,200 shares, a decrease of 29.4% from the November 30th total of 1,700 shares. Based on an average daily volume of 9,000 shares, the short-interest ratio is presently 0.1 days.

CBB Bancorp Stock Performance

CBBI traded up $0.01 during trading on Monday, reaching $10.81. The company had a trading volume of 160 shares, compared to its average volume of 12,707. The firm’s 50-day simple moving average is $10.59 and its 200 day simple moving average is $10.29. The company 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 12-month low of $9.22 and a 12-month high of $10.95.

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

CBB Bancorp Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were issued a dividend of $0.10 per share. This is an increase from CBB Bancorp’s previous quarterly dividend of $0.08. The ex-dividend date was Friday, November 8th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.70%. CBB Bancorp’s payout ratio is currently 17.86%.

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.