Bimini Capital Management Inc. (OTCMKTS:BMNM) Short Interest Update

Bimini Capital Management Inc. (OTCMKTS:BMNM) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 485 shares, a growth of 385.0% from the July 30th total of 100 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 6,703 shares, the days-to-cover ratio is presently 0.1 days.

Bimini Capital Management Stock Performance

Bimini Capital Management stock opened at $3.52 on Wednesday. Bimini Capital Management has a 12-month low of $0.99 and a 12-month high of $3.89. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 1.99. The business’s 50-day moving average price is $2.56 and its two-hundred day moving average price is $2.77. The stock has a market cap of $35.38 million, a PE ratio of 5.50 and a beta of 0.16.

Bimini Capital Management (OTCMKTS:BMNM) last posted its earnings results on Thursday, August 6th. The financial services provider reported $0.04 EPS for the quarter. Bimini Capital Management had a net margin of 30.06% and a return on equity of 52.04%.

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.