Bimini Capital Management Inc. (OTCMKTS:BMNM) Short Interest Down 81.0% in February

Bimini Capital Management Inc. (OTCMKTS:BMNM) was the recipient of a significant decline in short interest in February. As of February 27th, there was short interest totaling 468 shares, a decline of 81.0% from the February 12th total of 2,465 shares. Based on an average daily volume of 9,429 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 9,429 shares, the short-interest ratio is presently 0.0 days.

Bimini Capital Management Price Performance

BMNM remained flat at $3.45 during trading on Tuesday. The business’s fifty day simple moving average is $3.21 and its 200-day simple moving average is $2.11. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.11 and a current ratio of 0.11. The firm has a market capitalization of $34.74 million, a price-to-earnings ratio of 38.33 and a beta of 0.05. Bimini Capital Management has a 12 month low of $0.60 and a 12 month high of $3.89.

Bimini Capital Management Company Profile

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.