CBB Bancorp, Inc. (OTCMKTS:CBBI) Short Interest Up 1,600.0% in November

CBB Bancorp, Inc. (OTCMKTS:CBBI) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 1,700 shares, an increase of 1,600.0% from the November 15th total of 100 shares. Based on an average daily volume of 7,900 shares, the days-to-cover ratio is currently 0.2 days.

CBB Bancorp Trading Up 2.1 %

Shares of OTCMKTS:CBBI traded up $0.22 during midday trading on Wednesday, hitting $10.85. 4,164 shares of the stock were exchanged, compared to its average volume of 13,174. The company has a 50 day moving average price of $10.50 and a 200-day moving average price of $10.20. CBB Bancorp has a twelve month low of $9.22 and a twelve month high of $10.95. The stock has a market cap of $114.88 million, a P/E ratio of 4.84 and a beta of 0.55.

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

CBB Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were paid a $0.10 dividend. This is a positive change from CBB Bancorp’s previous quarterly dividend of $0.08. This represents a $0.40 annualized dividend and a yield of 3.69%. The ex-dividend date of this dividend was Friday, November 8th. CBB Bancorp’s dividend payout ratio is presently 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.