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

Commonwealth Business Bank (OTCMKTS:CBBI) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 105 shares, a growth of 2,000.0% from the June 15th total of 5 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 14,140 shares, the days-to-cover ratio is presently 0.0 days.

Commonwealth Business Bank Stock Performance

Shares of OTCMKTS CBBI traded up $0.06 during midday trading on Friday, reaching $13.40. The stock had a trading volume of 4,076 shares, compared to its average volume of 5,457. The company’s 50 day moving average price is $11.84 and its 200 day moving average price is $11.52. Commonwealth Business Bank has a twelve month low of $10.31 and a twelve month high of $13.45. The firm has a market cap of $141.91 million, a price-to-earnings ratio of 7.49 and a beta of 0.14.

Commonwealth Business Bank (OTCMKTS:CBBI) last posted its quarterly earnings data on Friday, April 24th. The company reported $0.53 earnings per share for the quarter. The firm had revenue of $18.47 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.