Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Sees Large Decline in Short Interest

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) was the recipient of a large drop in short interest in November. As of November 30th, there was short interest totalling 100 shares, a drop of 66.7% from the November 15th total of 300 shares. Based on an average daily volume of 4,600 shares, the days-to-cover ratio is presently 0.0 days.

Bridgewater Bancshares Trading Down 0.1 %

Bridgewater Bancshares stock traded down $0.02 during midday trading on Wednesday, reaching $18.98. 2,584 shares of the company were exchanged, compared to its average volume of 3,844. The firm’s 50-day simple moving average is $19.79 and its 200-day simple moving average is $19.07. Bridgewater Bancshares has a 1 year low of $16.90 and a 1 year high of $22.00.

Bridgewater Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were given a dividend of $0.3672 per share. This represents a $1.47 dividend on an annualized basis and a yield of 7.74%. The ex-dividend date of this dividend was Friday, November 15th.

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.