Commonwealth Business Bank (OTCMKTS:CBBI) Short Interest Down 76.8% in August

Commonwealth Business Bank (OTCMKTS:CBBI) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 176 shares, a drop of 76.8% from the August 15th total of 759 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 2,285 shares, the days-to-cover ratio is currently 0.1 days.

Commonwealth Business Bank Price Performance

CBBI opened at $14.20 on Friday. Commonwealth Business Bank has a fifty-two week low of $10.38 and a fifty-two week high of $14.24. The firm has a market capitalization of $150.80 million, a PE ratio of 7.72 and a beta of 0.14. The company’s 50-day moving average is $13.66 and its 200 day moving average is $12.20.

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