Short Interest in Commonwealth Business Bank (OTCMKTS:CBBI) Grows By 3,380.0%

Commonwealth Business Bank (OTCMKTS:CBBIGet Free Report) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 174 shares, an increase of 3,380.0% from the July 15th total of 5 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 4,637 shares, the days-to-cover ratio is presently 0.0 days.

Commonwealth Business Bank Stock Performance

CBBI stock remained flat at $13.57 during trading on Tuesday. 2,453 shares of the company traded hands, compared to its average volume of 3,502. Commonwealth Business Bank has a one year low of $10.37 and a one year high of $13.80. The stock has a 50-day simple moving average of $12.75 and a 200 day simple moving average of $11.87. The stock has a market capitalization of $143.71 million, a PE ratio of 7.38 and a beta of 0.13.

Commonwealth Business Bank (OTCMKTS:CBBIGet Free Report) last released its quarterly earnings data on Friday, July 24th. The company reported $0.46 earnings per share for the quarter. The firm had revenue of $18.45 million for the quarter.

Commonwealth Business Bank Company Profile

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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.

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