Short Interest in Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Rises By 73.1%

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 4,500 shares, an increase of 73.1% from the January 31st total of 2,600 shares. Based on an average daily trading volume, of 5,000 shares, the days-to-cover ratio is currently 0.9 days.

Bridgewater Bancshares Stock Performance

BWBBP opened at $19.38 on Friday. Bridgewater Bancshares has a twelve month low of $16.90 and a twelve month high of $22.00. The firm’s 50-day moving average price is $19.56 and its 200 day moving average price is $19.58.

Bridgewater Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th will be given a dividend of $0.3672 per share. This represents a $1.47 annualized dividend and a dividend yield of 7.58%. The ex-dividend date is Friday, 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.