Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Short Interest Up 61.1% in December

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 5,800 shares, a growth of 61.1% from the December 15th total of 3,600 shares. Based on an average daily volume of 5,200 shares, the days-to-cover ratio is currently 1.1 days.

Bridgewater Bancshares Trading Up 0.8 %

Shares of BWBBP stock traded up $0.15 on Friday, reaching $19.45. The company’s stock had a trading volume of 1,253 shares, compared to its average volume of 4,187. The stock’s fifty day simple moving average is $19.39 and its 200-day simple moving average is $19.34. Bridgewater Bancshares has a 1 year low of $16.90 and a 1 year high of $22.00.

Bridgewater Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were issued a $0.3672 dividend. The ex-dividend date was Friday, November 15th. This represents a $1.47 dividend on an annualized basis and a dividend yield of 7.55%.

About Bridgewater Bancshares

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.