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

Commonwealth Business Bank (OTCMKTS:CBBI) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 759 shares, an increase of 336.2% from the July 30th total of 174 shares. Based on an average daily trading volume, of 3,980 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Commonwealth Business Bank Price Performance

OTCMKTS CBBI opened at $13.80 on Wednesday. The company has a market cap of $146.14 million, a PE ratio of 7.50 and a beta of 0.13. The stock’s 50 day simple moving average is $13.23 and its 200-day simple moving average is $12.02. Commonwealth Business Bank has a 1-year low of $10.38 and a 1-year high of $14.08.

Commonwealth Business Bank (OTCMKTS:CBBI) last issued its quarterly earnings results on Friday, July 24th. The company reported $0.46 EPS for the quarter. The firm 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.