Commonwealth Business Bank (OTCMKTS:CBBI) Short Interest Update

Commonwealth Business Bank (OTCMKTS:CBBI) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 800 shares, a growth of 7,900.0% from the April 15th total of 10 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 16,608 shares, the days-to-cover ratio is currently 0.0 days.

Commonwealth Business Bank Price Performance

Shares of Commonwealth Business Bank stock opened at $11.29 on Wednesday. Commonwealth Business Bank has a 1 year low of $10.05 and a 1 year high of $12.25. The business has a 50-day moving average of $11.11 and a two-hundred day moving average of $11.18. The company has a market capitalization of $119.54 million, a P/E ratio of 6.31 and a beta of 0.16.

Commonwealth Business Bank (OTCMKTS:CBBI) last announced its quarterly earnings results on Friday, April 24th. The company reported $0.53 earnings per share (EPS) for the quarter. The business had revenue of $18.47 million during 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.