Commonwealth Business Bank (OTCMKTS:CBBI) Sees Significant Increase in Short Interest

Commonwealth Business Bank (OTCMKTS:CBBI) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 800 shares, an increase of 7,900.0% from the April 15th total of 10 shares. Based on an average daily trading volume, of 16,608 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Commonwealth Business Bank Price Performance

Shares of CBBI stock traded down $0.22 during trading hours on Monday, reaching $11.36. 4,121 shares of the stock were exchanged, compared to its average volume of 5,656. The business’s fifty day moving average is $11.13 and its two-hundred day moving average is $11.17. The firm has a market capitalization of $120.25 million, a P/E ratio of 6.34 and a beta of 0.16. Commonwealth Business Bank has a 12-month low of $10.05 and a 12-month high of $12.25.

Commonwealth Business Bank (OTCMKTS:CBBI) last issued its quarterly earnings results on Friday, April 24th. The company reported $0.53 earnings per share (EPS) for the quarter. The firm had revenue of $18.47 million during the quarter.

Commonwealth Business Bank 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. The company also provides treasury management, and mobile and online banking services, as well as title and escrow services.