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

CBB Bancorp, Inc. (OTCMKTS:CBBI) was the target of a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 800 shares, a decline 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 currently 0.2 days.

CBB Bancorp Price Performance

CBBI opened at $10.50 on Friday. The business has a fifty day simple moving average of $10.65 and a 200 day simple moving average of $10.48. The company has a market capitalization of $111.20 million, a PE ratio of 4.99 and a beta of 0.54. CBB Bancorp has a 1 year low of $9.28 and a 1 year high of $11.50.

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

CBB Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors 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 annualized dividend and a yield of 3.81%. CBB Bancorp’s dividend payout ratio (DPR) is presently 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.