CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) Sees Significant Growth in Short Interest

CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 700 shares, an increase of 16.7% from the September 30th total of 600 shares. Based on an average trading volume of 300 shares, the short-interest ratio is currently 2.3 days.

CIB Marine Bancshares Stock Up 0.9 %

Shares of CIB Marine Bancshares stock traded up $0.25 on Tuesday, hitting $28.75. The company’s stock had a trading volume of 990 shares, compared to its average volume of 998. CIB Marine Bancshares has a 52-week low of $17.10 and a 52-week high of $28.75. The firm has a fifty day moving average price of $21.12 and a 200-day moving average price of $19.18. The company has a market capitalization of $40.39 million, a P/E ratio of 102.68 and a beta of 0.33.

CIB Marine Bancshares (OTCMKTS:CIBH) last issued its quarterly earnings data on Thursday, October 17th. The company reported $0.59 earnings per share (EPS) for the quarter. The business 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.