Cib Marine Bancshares, Inc. (OTCMKTS:CIBH) Sees Large Increase in Short Interest

Cib Marine Bancshares, Inc. (OTCMKTS:CIBH) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 709 shares, a growth of 392.4% from the December 15th total of 144 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 753 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 753 shares, the short-interest ratio is presently 0.9 days. Approximately 0.1% of the shares of the company are sold short.

Cib Marine Bancshares Stock Performance

CIBH opened at $37.45 on Tuesday. Cib Marine Bancshares has a fifty-two week low of $26.34 and a fifty-two week high of $37.83. The firm has a 50-day moving average of $36.88 and a 200 day moving average of $35.76. The firm has a market cap of $52.06 million, a P/E ratio of 19.71 and a beta of 0.24.

Cib Marine Bancshares (OTCMKTS:CIBH) last announced its quarterly earnings data on Friday, October 10th. The company reported $0.65 EPS for the quarter. The company had revenue of $7.49 million during the quarter.

About Cib Marine Bancshares

CIB Marine Bancshares is a bank holding company headquartered in Chicago, Illinois. Through its wholly owned subsidiary, CIBM Bank, the company offers a full suite of financial services designed to meet the needs of both individual and business clients. Its banking platform focuses on providing personalized commercial lending, real estate financing and treasury management solutions to small- and middle-market companies, as well as retail deposit and payment services for consumers.

In its commercial banking division, CIBM Bank specializes in corporate lending, commercial real estate mortgages and lines of credit tailored to growing businesses.