CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) Short Interest Up 200.0% in February

CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) was the recipient of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 300 shares, a growth of 200.0% from the January 31st total of 100 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is currently 0.3 days.

CIB Marine Bancshares Stock Performance

OTCMKTS:CIBH traded up $1.75 during mid-day trading on Friday, hitting $31.25. 1,545 shares of the company’s stock traded hands, compared to its average volume of 881. The company has a fifty day moving average of $28.92 and a 200 day moving average of $25.66. CIB Marine Bancshares has a twelve month low of $17.10 and a twelve month high of $32.90. The company has a market capitalization of $43.84 million, a P/E ratio of 9.50 and a beta of 0.28.

CIB Marine Bancshares (OTCMKTS:CIBH) last announced its earnings results on Friday, January 24th. The company reported $0.54 earnings per share (EPS) for the quarter.

About CIB Marine Bancshares

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.