Bimini Capital Management Inc. (OTCMKTS:BMNM) Short Interest Down 64.6% in January

Bimini Capital Management Inc. (OTCMKTS:BMNM) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 2,483 shares, a decrease of 64.6% from the December 31st total of 7,013 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 15,175 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 15,175 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Bimini Capital Management Trading Down 3.9%

Shares of Bimini Capital Management stock opened at $3.23 on Friday. The company has a debt-to-equity ratio of 2.96, a current ratio of 0.11 and a quick ratio of 0.11. Bimini Capital Management has a 1 year low of $0.60 and a 1 year high of $3.89. The firm has a market cap of $32.53 million, a PE ratio of 35.89 and a beta of 0.04. The company has a 50 day simple moving average of $2.47 and a two-hundred day simple moving average of $1.69.

Bimini Capital Management (OTCMKTS:BMNM) last issued its quarterly earnings results on Thursday, November 6th. The financial services provider reported $0.18 EPS for the quarter. Bimini Capital Management had a net margin of 5.98% and a return on equity of 11.89%.

About Bimini Capital Management

Bimini Capital Management, Inc, through its subsidiaries, operates as a specialty finance company in the United States. The company operates in two segments, Asset Management and Investment Portfolio. The Asset Management segment includes investment advisory services by Bimini Advisors to Orchid Island Capital, Inc and Royal Palm Capital, LLC. The Investment Portfolio segment engages in investment activities conducted by Royal Palm Capital, LLC. It invests in residential mortgage-backed securities.