CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) Sees Significant Increase in Short Interest

CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 300 shares, an increase of 50.0% from the December 15th total of 200 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is presently 0.5 days.

CIB Marine Bancshares Price Performance

Shares of CIBH stock remained flat at $27.85 during trading hours on Wednesday. 1,460 shares of the company’s stock traded hands, compared to its average volume of 1,027. The stock has a market capitalization of $39.10 million, a P/E ratio of 13.39 and a beta of 0.28. CIB Marine Bancshares has a 52-week low of $17.10 and a 52-week high of $29.00. The stock has a 50-day simple moving average of $27.60 and a 200 day simple moving average of $22.89.

CIB Marine Bancshares (OTCMKTS:CIBH) last issued its earnings results on Thursday, October 17th. The company reported $0.59 EPS for the quarter. The business had revenue of $8.47 million during the quarter.

CIB Marine Bancshares Company Profile

CIB Marine Bancshares, Inc operates as the bank holding company for CIBM Bank that provides commercial banking services to individual and business customers in Illinois, Indiana, and Wisconsin. It provides deposit accounts comprising checking, savings, and time deposits. The company offers a range of loan products, such as commercial, commercial real estate, commercial and residential construction, government guaranteed, one-to-four family residential real estate, home equity, and consumer loans, as well as commercial and standby letters of credit.