CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) Short Interest Update

CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,100 shares, an increase of 57.1% from the October 15th total of 700 shares. Based on an average daily volume of 3,100 shares, the days-to-cover ratio is presently 0.4 days.

CIB Marine Bancshares Stock Performance

Shares of CIBH opened at $27.78 on Friday. The firm has a market capitalization of $39.03 million, a P/E ratio of 13.36 and a beta of 0.28. The stock’s fifty day simple moving average is $23.68 and its 200 day simple moving average is $20.10. CIB Marine Bancshares has a twelve month low of $17.10 and a twelve month high of $29.00.

CIB Marine Bancshares (OTCMKTS:CIBH) last announced its quarterly earnings results on Thursday, October 17th. The company reported $0.59 earnings per share (EPS) for the quarter. The company had revenue of $8.47 million during 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.