Commonwealth Business Bank (OTCMKTS:CBBI) Short Interest Down 99.4% in May

Commonwealth Business Bank (OTCMKTS:CBBI) was the recipient of a significant drop in short interest in May. As of May 15th, there was short interest totaling 5 shares, a drop of 99.4% from the April 30th total of 800 shares. Based on an average daily volume of 4,127 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Commonwealth Business Bank Trading Down 0.4%

Shares of CBBI stock opened at $11.35 on Thursday. The business’s 50-day moving average price is $11.07 and its 200-day moving average price is $11.21. Commonwealth Business Bank has a 12 month low of $10.12 and a 12 month high of $12.25. The firm has a market capitalization of $120.20 million, a price-to-earnings ratio of 6.34 and a beta of 0.16.

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