CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) Short Interest Down 50.0% in December

CIB Marine Bancshares, Inc. (OTCMKTS:CIBHGet Free Report) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 200 shares, a decline of 50.0% from the November 30th total of 400 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is currently 0.1 days.

CIB Marine Bancshares Stock Up 1.1 %

CIBH stock traded up $0.30 during midday trading on Friday, hitting $26.80. 500 shares of the company traded hands, compared to its average volume of 1,151. CIB Marine Bancshares has a twelve month low of $17.10 and a twelve month high of $29.00. The stock has a market capitalization of $37.65 million, a price-to-earnings ratio of 12.88 and a beta of 0.26. The business has a 50 day simple moving average of $27.91 and a 200-day simple moving average of $21.97.

CIB Marine Bancshares (OTCMKTS:CIBHGet Free Report) last issued its quarterly earnings results on Thursday, October 17th. The company reported $0.59 EPS for the quarter. The business had revenue of $8.47 million for the quarter.

CIB Marine Bancshares Company Profile

(Get Free Report)

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.

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