Short Interest in Commonwealth Business Bank (OTCMKTS:CBBI) Rises By 2,000.0%

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

Commonwealth Business Bank Trading Up 0.4%

Commonwealth Business Bank stock traded up $0.06 during midday trading on Friday, hitting $13.40. 4,076 shares of the stock were exchanged, compared to its average volume of 5,488. Commonwealth Business Bank has a fifty-two week low of $10.31 and a fifty-two week high of $13.45. The stock has a market capitalization of $141.91 million, a price-to-earnings ratio of 7.49 and a beta of 0.14. The stock’s 50-day simple moving average is $11.88 and its 200 day simple moving average is $11.53.

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