Commonwealth Business Bank (OTCMKTS:CBBI) Short Interest Up 100.0% in July

Commonwealth Business Bank (OTCMKTS:CBBI) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 200 shares, a growth of 100.0% from the June 30th total of 100 shares. Based on an average daily trading volume, of 3,100 shares, the days-to-cover ratio is presently 0.1 days.

Commonwealth Business Bank Price Performance

Shares of OTCMKTS:CBBI opened at $10.55 on Thursday. The stock’s 50-day moving average price is $10.46 and its 200-day moving average price is $10.56. Commonwealth Business Bank has a 12-month low of $9.65 and a 12-month high of $11.65.

Commonwealth Business Bank (OTCMKTS:CBBI) last announced its quarterly earnings data on Friday, July 25th. The company reported $0.41 earnings per share (EPS) for the quarter. The company had revenue of $17.13 million for the quarter.

Commonwealth Business Bank Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 22nd. Stockholders of record on Friday, August 8th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.79%. Commonwealth Business Bank’s dividend payout ratio (DPR) is currently 21.05%.

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.