CBB Bancorp, Inc. (OTCMKTS:CBBI) Short Interest Down 50.0% in January

CBB Bancorp, Inc. (OTCMKTS:CBBI) saw a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 800 shares, a drop of 50.0% from the January 15th total of 1,600 shares. Based on an average daily volume of 5,200 shares, the days-to-cover ratio is presently 0.2 days.

CBB Bancorp Stock Performance

Shares of CBB Bancorp stock opened at $10.50 on Friday. The business’s 50 day simple moving average is $10.65 and its 200 day simple moving average is $10.48. CBB Bancorp has a 52-week low of $9.28 and a 52-week high of $11.50. The firm has a market cap of $111.20 million, a PE ratio of 4.99 and a beta of 0.54.

CBB Bancorp (OTCMKTS:CBBI) last announced its earnings results on Friday, January 31st. The company reported $0.54 earnings per share (EPS) for the quarter.

CBB Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.40 dividend on an annualized basis and a yield of 3.81%. CBB Bancorp’s dividend payout ratio is 18.87%.

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.