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

Commonwealth Business Bank (OTCMKTS:CBBI) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 759 shares, a growth of 336.2% from the July 30th total of 174 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 3,980 shares, the days-to-cover ratio is currently 0.2 days.

Commonwealth Business Bank Trading Up 0.0%

Shares of OTCMKTS CBBI opened at $13.80 on Wednesday. The stock has a market cap of $146.14 million, a PE ratio of 7.50 and a beta of 0.13. Commonwealth Business Bank has a 12-month low of $10.38 and a 12-month high of $14.08. The company has a 50-day moving average of $13.23 and a 200 day moving average of $12.02.

Commonwealth Business Bank (OTCMKTS:CBBI) last released its earnings results on Friday, July 24th. The company reported $0.46 earnings per share for the quarter. The business had revenue of $18.45 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.