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

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) saw a large increase in short interest in July. As of July 31st, there was short interest totalling 1,700 shares, an increase of 1,600.0% from the July 15th total of 100 shares. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is presently 0.5 days.

Bridgewater Bancshares Stock Up 0.3 %

BWBBP stock opened at $18.80 on Wednesday. The business has a 50 day moving average of $18.26 and a 200 day moving average of $18.25. Bridgewater Bancshares has a twelve month low of $15.25 and a twelve month high of $20.27.

Bridgewater Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Thursday, August 15th will be paid a $0.3672 dividend. The ex-dividend date is Thursday, August 15th. This represents a $1.47 annualized dividend and a dividend yield of 7.81%.

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.