Commonwealth Business Bank (OTCMKTS:CBBI) Short Interest Up 336.2% in August

Commonwealth Business Bank (OTCMKTS:CBBI) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 759 shares, an increase of 336.2% from the July 30th total of 174 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 3,980 shares, the days-to-cover ratio is currently 0.2 days.

Commonwealth Business Bank Trading Up 0.0%

Commonwealth Business Bank stock opened at $13.80 on Thursday. The company has a market cap of $146.14 million, a P/E ratio of 7.50 and a beta of 0.13. Commonwealth Business Bank has a 1-year low of $10.38 and a 1-year high of $14.08. The company has a fifty day simple moving average of $13.28 and a 200 day simple moving average of $12.04.

Commonwealth Business Bank (OTCMKTS:CBBI) last issued its quarterly earnings results on Friday, July 24th. The company reported $0.46 earnings per share (EPS) for the quarter. The business had revenue of $18.45 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.