Short Interest in Commonwealth Business Bank (OTCMKTS:CBBI) Declines By 95.2%

Commonwealth Business Bank (OTCMKTS:CBBI) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 5 shares, a decrease of 95.2% from the June 30th total of 105 shares. Based on an average daily volume of 9,583 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Commonwealth Business Bank Stock Performance

Shares of CBBI stock opened at $13.33 on Friday. Commonwealth Business Bank has a fifty-two week low of $10.31 and a fifty-two week high of $13.60. The stock’s fifty day moving average price is $12.28 and its two-hundred day moving average price is $11.70. The company has a market cap of $141.10 million, a PE ratio of 7.24 and a beta of 0.14.

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