Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Sees Significant Increase in Short Interest

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totalling 600 shares, a growth of 500.0% from the March 31st total of 100 shares. Based on an average trading volume of 2,700 shares, the short-interest ratio is presently 0.2 days.

Bridgewater Bancshares Price Performance

Shares of BWBBP traded up $0.05 during trading hours on Friday, hitting $17.74. The company had a trading volume of 1,467 shares, compared to its average volume of 3,026. Bridgewater Bancshares has a 52-week low of $14.48 and a 52-week high of $20.27. The firm has a fifty day moving average price of $17.95 and a 200-day moving average price of $17.80.

Bridgewater Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th will be issued a dividend of $0.3672 per share. This represents a $1.47 dividend on an annualized basis and a dividend yield of 8.28%. The ex-dividend date is Tuesday, May 14th.

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.