Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Short Interest Up 110.0% in March

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 4,200 shares, a growth of 110.0% from the February 29th total of 2,000 shares. Based on an average trading volume of 3,200 shares, the short-interest ratio is presently 1.3 days.

Bridgewater Bancshares Trading Up 0.9 %

Shares of NASDAQ:BWBBP traded up $0.15 during midday trading on Thursday, hitting $17.50. The company’s stock had a trading volume of 2,948 shares, compared to its average volume of 3,524. The stock’s 50 day simple moving average is $18.59 and its 200 day simple moving average is $17.67. Bridgewater Bancshares has a fifty-two week low of $14.48 and a fifty-two week high of $22.43.

Bridgewater Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were given a dividend of $0.3672 per share. This represents a $1.47 dividend on an annualized basis and a yield of 8.39%. The ex-dividend date was Wednesday, February 14th.

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.