Short Interest in Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Drops By 13.3%

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 3,900 shares, a decrease of 13.3% from the February 13th total of 4,500 shares. Based on an average daily trading volume, of 4,400 shares, the short-interest ratio is presently 0.9 days.

Bridgewater Bancshares Trading Down 0.2 %

Bridgewater Bancshares stock traded down $0.04 during mid-day trading on Wednesday, hitting $19.12. The stock had a trading volume of 3,528 shares, compared to its average volume of 4,136. The firm’s 50 day moving average is $19.46 and its 200 day moving average is $19.62. Bridgewater Bancshares has a one year low of $16.90 and a one year high of $22.00.

Bridgewater Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Shareholders of record on Friday, February 14th were issued a dividend of $0.3672 per share. This represents a $1.47 annualized dividend and a dividend yield of 7.68%. The ex-dividend date was 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.