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

Commonwealth Business Bank (OTCMKTS:CBBI) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 800 shares, an increase of 7,900.0% from the April 15th total of 10 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 16,608 shares, the days-to-cover ratio is presently 0.0 days.

Commonwealth Business Bank Price Performance

Shares of OTCMKTS CBBI traded down $0.22 during midday trading on Monday, hitting $11.36. 4,121 shares of the company’s stock were exchanged, compared to its average volume of 5,656. The firm’s fifty day simple moving average is $11.13 and its 200-day simple moving average is $11.17. The company has a market cap of $120.25 million, a PE ratio of 6.34 and a beta of 0.16. Commonwealth Business Bank has a twelve month low of $10.05 and a twelve month high of $12.25.

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

About Commonwealth Business Bank

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.