Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Short Interest Up 73.1% in February

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 4,500 shares, an increase of 73.1% from the January 31st total of 2,600 shares. Based on an average daily volume of 5,000 shares, the short-interest ratio is presently 0.9 days.

Bridgewater Bancshares Stock Performance

BWBBP traded down $0.08 on Tuesday, hitting $19.23. The company had a trading volume of 848 shares, compared to its average volume of 3,367. The stock has a fifty day simple moving average of $19.57 and a 200-day simple moving average of $19.59. Bridgewater Bancshares has a 52-week low of $16.90 and a 52-week high of $22.00.

Bridgewater Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th 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 7.64%. The ex-dividend date is Friday, February 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.