Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Short Interest Down 72.7% in November

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) saw a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 300 shares, a decline of 72.7% from the October 31st total of 1,100 shares. Based on an average daily volume of 4,500 shares, the short-interest ratio is presently 0.1 days.

Bridgewater Bancshares Price Performance

NASDAQ BWBBP traded up $0.02 on Thursday, hitting $19.25. 1,144 shares of the company were exchanged, compared to its average volume of 3,774. Bridgewater Bancshares has a twelve month low of $16.50 and a twelve month high of $22.00. The company’s 50 day moving average price is $19.96 and its 200-day moving average price is $19.03.

Bridgewater Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be issued a dividend of $0.3672 per share. The ex-dividend date is Friday, November 15th. This represents a $1.47 dividend on an annualized basis and a dividend yield of 7.63%.

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.