Short Interest in CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) Drops By 72.7%

CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) saw 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 trading volume, of 1,400 shares, the short-interest ratio is presently 0.2 days.

CIB Marine Bancshares Price Performance

Shares of OTCMKTS CIBH remained flat at $28.00 during trading on Thursday. The stock had a trading volume of 800 shares, compared to its average volume of 1,144. The stock has a market capitalization of $39.20 million, a PE ratio of 13.46 and a beta of 0.28. CIB Marine Bancshares has a 12 month low of $17.10 and a 12 month high of $29.00. The business’s fifty day simple moving average is $25.08 and its 200-day simple moving average is $20.62.

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.

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.