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

Commonwealth Business Bank (OTCMKTS:CBBI) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 174 shares, an increase of 3,380.0% from the July 15th total of 5 shares. Based on an average daily volume of 4,637 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Commonwealth Business Bank Stock Performance

Commonwealth Business Bank stock opened at $13.57 on Wednesday. The company has a market capitalization of $143.71 million, a price-to-earnings ratio of 7.38 and a beta of 0.13. The stock’s 50 day moving average is $12.79 and its 200-day moving average is $11.88. Commonwealth Business Bank has a 12 month low of $10.37 and a 12 month high of $13.80.

Commonwealth Business Bank (OTCMKTS:CBBI) last released 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.