CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) Sees Large Decrease in Short Interest

CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) was the target of a significant drop in short interest in November. As of November 15th, there was short interest totalling 300 shares, a drop of 72.7% from the October 31st total of 1,100 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is presently 0.2 days.

CIB Marine Bancshares Trading Up 3.4 %

CIB Marine Bancshares stock traded up $0.96 during midday trading on Friday, hitting $28.96. The stock had a trading volume of 100 shares, compared to its average volume of 1,135. The business has a fifty day moving average price of $25.44 and a 200 day moving average price of $20.74. CIB Marine Bancshares has a 12 month low of $17.10 and a 12 month high of $29.00. The stock has a market cap of $40.54 million, a P/E ratio of 13.92 and a beta of 0.28.

CIB Marine Bancshares (OTCMKTS:CIBH) last announced its quarterly earnings data on Thursday, October 17th. The company reported $0.59 earnings per share (EPS) for the quarter. The firm had revenue of $8.47 million for the quarter.

CIB Marine Bancshares Company Profile

CIB Marine Bancshares, Inc operates as the bank holding company for CIBM Bank that provides commercial banking services to individual and business customers in Illinois, Indiana, and Wisconsin. It provides deposit accounts comprising checking, savings, and time deposits. The company offers a range of loan products, such as commercial, commercial real estate, commercial and residential construction, government guaranteed, one-to-four family residential real estate, home equity, and consumer loans, as well as commercial and standby letters of credit.