Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Sees Significant Increase in Short Interest

by · The Cerbat Gem

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP – Get Free Report) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totalling 3,600 shares, a growth of 3,500.0% from the November 30th total of 100 shares. Based on an average daily volume of 4,800 shares, the days-to-cover ratio is currently 0.8 days.

Bridgewater Bancshares Stock Up 0.4 %

NASDAQ:BWBBP traded up $0.07 during mid-day trading on Thursday, hitting $19.10. 5,036 shares of the company’s stock were exchanged, compared to its average volume of 4,020. Bridgewater Bancshares has a fifty-two week low of $16.90 and a fifty-two week high of $22.00. The company has a 50 day simple moving average of $19.52 and a 200-day simple moving average of $19.15.

Bridgewater Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were issued a $0.3672 dividend. The ex-dividend date was Friday, November 15th. This represents a $1.47 dividend on an annualized basis and a yield of 7.69%.

About Bridgewater Bancshares

(Get Free Report)

Bridgewater Bancshares, Inc operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, entrepreneurs, business clients, and individuals in the United States. The company provides savings and money market accounts, demand deposits, time and brokered deposits, and interest and noninterest bearing transaction, as well as certificates of deposit.

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