Short Interest in Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Increases By 61.1%

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 5,800 shares, a growth of 61.1% from the December 15th total of 3,600 shares. Based on an average daily volume of 5,200 shares, the days-to-cover ratio is presently 1.1 days.

Bridgewater Bancshares Stock Performance

Shares of BWBBP stock traded up $0.15 during trading hours on Friday, reaching $19.45. 853 shares of the company’s stock were exchanged, compared to its average volume of 4,150. Bridgewater Bancshares has a 1 year low of $16.90 and a 1 year high of $22.00. The company’s 50 day moving average is $19.39 and its two-hundred day moving average is $19.34.

Bridgewater Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 15th were paid a dividend of $0.3672 per share. This represents a $1.47 annualized dividend and a dividend yield of 7.55%. The ex-dividend date was Friday, November 15th.

Bridgewater Bancshares Company Profile

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.