Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Sees Large Growth in Short Interest

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) saw a large growth in short interest in October. As of October 31st, there was short interest totalling 1,100 shares, a growth of 175.0% from the October 15th total of 400 shares. Based on an average trading volume of 4,700 shares, the days-to-cover ratio is presently 0.2 days.

Bridgewater Bancshares Trading Down 0.9 %

Shares of NASDAQ BWBBP opened at $19.82 on Friday. The firm’s 50-day moving average price is $20.08 and its 200-day moving average price is $18.97. Bridgewater Bancshares has a 1-year low of $15.25 and a 1-year high of $22.00.

Bridgewater Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be paid a dividend of $0.3672 per share. This represents a $1.47 dividend on an annualized basis and a yield of 7.41%. The ex-dividend date is 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.