Cib Marine Bancshares, Inc. (OTCMKTS:CIBH) Sees Large Drop in Short Interest

Cib Marine Bancshares, Inc. (OTCMKTS:CIBH) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 295 shares, a drop of 58.4% from the December 31st total of 709 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 705 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 705 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are sold short.

Cib Marine Bancshares Stock Performance

CIBH stock traded up $0.10 during mid-day trading on Thursday, reaching $36.84. 400 shares of the stock traded hands, compared to its average volume of 850. Cib Marine Bancshares has a one year low of $28.04 and a one year high of $37.83. The stock has a market capitalization of $51.21 million, a PE ratio of 32.89 and a beta of 0.24. The business has a 50-day moving average price of $37.13 and a two-hundred day moving average price of $36.05.

Cib Marine Bancshares (OTCMKTS:CIBH) last released its earnings results on Friday, January 23rd. The company reported ($0.24) earnings per share (EPS) for the quarter. The firm had revenue of $6.97 million for the quarter.

Cib Marine Bancshares Company Profile

CIB Marine Bancshares is a bank holding company headquartered in Chicago, Illinois. Through its wholly owned subsidiary, CIBM Bank, the company offers a full suite of financial services designed to meet the needs of both individual and business clients. Its banking platform focuses on providing personalized commercial lending, real estate financing and treasury management solutions to small- and middle-market companies, as well as retail deposit and payment services for consumers.

In its commercial banking division, CIBM Bank specializes in corporate lending, commercial real estate mortgages and lines of credit tailored to growing businesses.