Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Short Interest Up 3,500.0% in December

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) saw a large growth in short interest in the month of 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 trading volume, of 4,800 shares, the days-to-cover ratio is presently 0.8 days.

Bridgewater Bancshares Price Performance

Shares of NASDAQ BWBBP traded up $0.07 during mid-day trading on Thursday, hitting $19.10. The company had a trading volume of 5,036 shares, compared to its average volume of 4,020. The firm has a 50-day simple moving average of $19.52 and a two-hundred day simple moving average of $19.15. Bridgewater Bancshares has a one year low of $16.90 and a one year high of $22.00.

Bridgewater Bancshares Announces Dividend

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

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.