CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) Sees Significant Increase in Short Interest

CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 300 shares, a growth of 50.0% from the December 15th total of 200 shares. Based on an average daily volume of 600 shares, the short-interest ratio is currently 0.5 days.

CIB Marine Bancshares Trading Up 2.8 %

Shares of CIBH stock traded up $0.75 during trading on Friday, reaching $28.00. 400 shares of the company’s stock traded hands, compared to its average volume of 825. The firm’s 50-day moving average is $27.59 and its 200 day moving average is $22.96. The company has a market capitalization of $39.20 million, a P/E ratio of 13.46 and a beta of 0.28. CIB Marine Bancshares has a 1 year low of $17.10 and a 1 year high of $29.00.

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

About CIB Marine Bancshares

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.