Commonwealth Business Bank (OTCMKTS:CBBI) Short Interest Update

Commonwealth Business Bank (OTCMKTS:CBBI) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 594 shares, an increase of 165.2% from the November 30th total of 224 shares. Based on an average daily volume of 44,921 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 44,921 shares, the days-to-cover ratio is presently 0.0 days.

Commonwealth Business Bank Stock Performance

Shares of CBBI stock opened at $11.01 on Friday. The stock’s fifty day moving average is $10.79 and its 200-day moving average is $10.72. Commonwealth Business Bank has a 52 week low of $10.00 and a 52 week high of $11.65.

Commonwealth Business Bank (OTCMKTS:CBBI) last issued its quarterly earnings results on Friday, October 24th. The company reported $0.43 earnings per share (EPS) for the quarter. The company had revenue of $17.58 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.