CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) Short Interest Update

by · The Cerbat Gem

CIB Marine Bancshares, Inc. (OTCMKTS:CIBH – Get Free Report) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 1,100 shares, a growth of 57.1% from the October 15th total of 700 shares. Based on an average daily volume of 3,100 shares, the short-interest ratio is currently 0.4 days.

CIB Marine Bancshares Stock Performance

OTCMKTS CIBH traded down $1.12 on Friday, reaching $27.78. 1,400 shares of the stock traded hands, compared to its average volume of 1,233. The company has a fifty day moving average price of $23.50 and a 200-day moving average price of $20.03. CIB Marine Bancshares has a 12 month low of $17.10 and a 12 month high of $29.00. The company has a market cap of $38.89 million, a price-to-earnings ratio of 13.36 and a beta of 0.28.

CIB Marine Bancshares (OTCMKTS:CIBH – Get Free Report) last posted its earnings results on Thursday, October 17th. The company reported $0.59 earnings per share (EPS) for the quarter. The business had revenue of $8.47 million during the quarter.

About CIB Marine Bancshares

(Get Free Report)

CIB Marine Bancshares, Inc operates as the bank holding company for CIBM Bank that provides commercial banking services to individual and business customers in Illinois, Indiana, and Wisconsin. It provides deposit accounts comprising checking, savings, and time deposits. The company offers a range of loan products, such as commercial, commercial real estate, commercial and residential construction, government guaranteed, one-to-four family residential real estate, home equity, and consumer loans, as well as commercial and standby letters of credit.

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