Bridgewater Bancshares, Inc. (NASDAQ:BWBBP – Get Free Report) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 3,600 shares, an increase 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 presently 0.8 days.
Bridgewater Bancshares Trading Up 1.3 %
BWBBP stock opened at $19.35 on Friday. The business’s fifty day moving average price is $19.48 and its 200 day moving average price is $19.16. Bridgewater Bancshares has a 12-month low of $16.90 and a 12-month high of $22.00.
Bridgewater Bancshares Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were paid a dividend of $0.3672 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.47 dividend on an annualized basis and a yield of 7.59%.
Bridgewater Bancshares Company Profile
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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