Commonwealth Business Bank (OTCMKTS:CBBI – Get Free Report) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 733 shares, an increase of 316.5% from the August 31st total of 176 shares. Based on an average daily volume of 3,220 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.
Commonwealth Business Bank Stock Performance
CBBI stock traded down $0.02 on Friday, reaching $14.09. The company had a trading volume of 473 shares, compared to its average volume of 4,846. The company’s fifty day moving average is $13.80 and its 200 day moving average is $12.35. The company has a market cap of $149.64 million, a P/E ratio of 7.66 and a beta of 0.14. Commonwealth Business Bank has a 1 year low of $10.38 and a 1 year high of $14.24.
Commonwealth Business Bank (OTCMKTS:CBBI – Get Free Report) last released its quarterly earnings results on Friday, July 24th. The company reported $0.46 earnings per share for the quarter. The company had revenue of $18.45 million during the quarter.
Commonwealth Business Bank Company Profile
Commonwealth Business Bank is a California-based commercial bank that provides banking services to small and mid-sized businesses, entrepreneurs and individual customers. The bank’s offerings include business and personal deposit accounts, commercial real estate and business loans, lines of credit, residential mortgage lending, and online and mobile banking services.
The bank has historically focused on serving Korean American and other diverse business communities, particularly in Southern California.
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