Short Interest in Bimini Capital Management, Inc. (OTCMKTS:BMNM) Decreases By 40.0%

Bimini Capital Management, Inc. (OTCMKTS:BMNM) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totalling 900 shares, a decrease of 40.0% from the June 30th total of 1,500 shares. Based on an average trading volume of 900 shares, the short-interest ratio is currently 1.0 days.

Bimini Capital Management Stock Performance

OTCMKTS BMNM remained flat at $0.94 on Friday. The firm’s fifty day moving average is $0.82 and its two-hundred day moving average is $0.82. The stock has a market capitalization of $9.47 million, a PE ratio of -2.00 and a beta of 0.96. Bimini Capital Management has a twelve month low of $0.65 and a twelve month high of $1.07. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 3.28.

Bimini Capital Management (OTCMKTS:BMNM) last posted its quarterly earnings results on Thursday, May 2nd. The financial services provider reported $0.02 EPS for the quarter. The company had revenue of $2.71 million during the quarter. Bimini Capital Management had a negative return on equity of 44.56% and a negative net margin of 39.58%.

About Bimini Capital Management

Bimini Capital Management, Inc, through its subsidiaries, operates as a specialty finance company in the United States. The company operates in two segments, Asset Management and Investment Portfolio. The Asset Management segment includes investment advisory services by Bimini Advisors to Orchid Island Capital, Inc and Royal Palm Capital, LLC.