CBB Bancorp, Inc. (OTCMKTS:CBBI) Short Interest Down 87.5% in March

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

CBB Bancorp Trading Up 1.1 %

Shares of CBBI traded up $0.12 during midday trading on Wednesday, hitting $11.25. The stock had a trading volume of 5,526 shares, compared to its average volume of 9,270. CBB Bancorp has a fifty-two week low of $9.28 and a fifty-two week high of $11.65. The business has a 50-day simple moving average of $10.83 and a two-hundred day simple moving average of $10.63. The firm has a market cap of $119.12 million, a P/E ratio of 5.31 and a beta of 0.50.

CBB Bancorp (OTCMKTS:CBBI) 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 company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a dividend of $0.10 per share. The ex-dividend date was Friday, February 14th. This represents a $0.40 annualized dividend and a dividend yield of 3.56%. CBB Bancorp’s dividend payout ratio is 18.87%.

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.