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

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 5,800 shares, a growth of 61.1% from the December 15th total of 3,600 shares. Based on an average daily volume of 5,200 shares, the days-to-cover ratio is currently 1.1 days.

Bridgewater Bancshares Trading Up 0.8 %

Shares of NASDAQ BWBBP traded up $0.15 during midday trading on Friday, hitting $19.45. The company’s stock had a trading volume of 1,253 shares, compared to its average volume of 4,187. The business’s 50 day moving average is $19.39 and its two-hundred day moving average is $19.34. Bridgewater Bancshares has a 12-month low of $16.90 and a 12-month high of $22.00.

Bridgewater Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were given a dividend of $0.3672 per share. The ex-dividend date was Friday, November 15th. This represents a $1.47 annualized dividend and a dividend yield of 7.55%.

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.