Bimini Capital Management Inc. (OTCMKTS:BMNM) Short Interest Down 37.3% in August

Bimini Capital Management Inc. (OTCMKTS:BMNM) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 304 shares, a decline of 37.3% from the August 15th total of 485 shares. Based on an average daily trading volume, of 14,373 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Bimini Capital Management Stock Performance

OTCMKTS:BMNM opened at $3.32 on Wednesday. The business’s fifty day moving average is $2.85 and its 200 day moving average is $2.80. The firm has a market cap of $33.40 million, a price-to-earnings ratio of 5.19 and a beta of 0.20. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.55 and a current ratio of 0.55. Bimini Capital Management has a 52-week low of $0.99 and a 52-week high of $3.89.

Bimini Capital Management (OTCMKTS:BMNM) last posted its earnings results on Thursday, August 6th. The financial services provider reported $0.04 earnings per share for the quarter. Bimini Capital Management had a return on equity of 52.04% and a net margin of 30.06%.

Bimini Capital Management Company Profile

Bimini Capital Management, Inc, through its subsidiaries, operates as a specialty finance company in the United States. The company operates in two segments, Asset Management and Investment Portfolio. The Asset Management segment includes investment advisory services by Bimini Advisors to Orchid Island Capital, Inc and Royal Palm Capital, LLC. The Investment Portfolio segment engages in investment activities conducted by Royal Palm Capital, LLC. It invests in residential mortgage-backed securities.