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

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) was the target of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 300 shares, a decrease of 72.7% from the October 31st total of 1,100 shares. Based on an average daily trading volume, of 4,500 shares, the short-interest ratio is currently 0.1 days.

Bridgewater Bancshares Trading Up 0.1 %

Bridgewater Bancshares stock traded up $0.02 during mid-day trading on Wednesday, hitting $19.25. The company’s stock had a trading volume of 1,144 shares, compared to its average volume of 3,774. The stock’s fifty day moving average is $19.98 and its two-hundred day moving average is $19.02. Bridgewater Bancshares has a 1 year low of $16.50 and a 1 year high of $22.00.

Bridgewater Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a dividend of $0.3672 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.47 annualized dividend and a dividend yield of 7.63%.

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.