Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Sees Significant Decrease in Short Interest

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totalling 200 shares, a decline of 60.0% from the June 15th total of 500 shares. Based on an average daily volume of 3,000 shares, the short-interest ratio is presently 0.1 days.

Bridgewater Bancshares Trading Down 1.7 %

BWBBP stock traded down $0.31 during mid-day trading on Thursday, hitting $17.72. 4,858 shares of the stock were exchanged, compared to its average volume of 3,274. The business has a fifty day moving average price of $18.14 and a 200 day moving average price of $18.36. Bridgewater Bancshares has a 12 month low of $15.25 and a 12 month high of $20.27.

Bridgewater Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th were paid a dividend of $0.3672 per share. This represents a $1.47 annualized dividend and a yield of 8.29%. The ex-dividend date of this dividend was Tuesday, May 14th.

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.