Cib Marine Bancshares, Inc. (OTCMKTS:CIBH) Sees Large Increase in Short Interest

Cib Marine Bancshares, Inc. (OTCMKTS:CIBH) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 709 shares, a growth of 392.4% from the December 15th total of 144 shares. Based on an average daily volume of 753 shares, the short-interest ratio is currently 0.9 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 753 shares, the short-interest ratio is currently 0.9 days.

Cib Marine Bancshares Stock Performance

Shares of CIBH stock opened at $37.45 on Tuesday. The company has a market capitalization of $52.06 million, a price-to-earnings ratio of 19.71 and a beta of 0.24. Cib Marine Bancshares has a 52-week low of $26.34 and a 52-week high of $37.83. The company has a 50-day simple moving average of $36.88 and a two-hundred day simple moving average of $35.76.

Cib Marine Bancshares (OTCMKTS:CIBH) last posted its earnings results on Friday, October 10th. The company reported $0.65 EPS for the quarter. The firm had revenue of $7.49 million for the quarter.

About Cib Marine Bancshares

CIB Marine Bancshares is a bank holding company headquartered in Chicago, Illinois. Through its wholly owned subsidiary, CIBM Bank, the company offers a full suite of financial services designed to meet the needs of both individual and business clients. Its banking platform focuses on providing personalized commercial lending, real estate financing and treasury management solutions to small- and middle-market companies, as well as retail deposit and payment services for consumers.

In its commercial banking division, CIBM Bank specializes in corporate lending, commercial real estate mortgages and lines of credit tailored to growing businesses.