Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Short Interest Up 103.3% in July

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 7,884 shares, a growth of 103.3% from the June 30th total of 3,878 shares. Based on an average daily trading volume, of 2,391 shares, the short-interest ratio is currently 3.3 days.

Bridgewater Bancshares Price Performance

Shares of BWBBP stock opened at $20.00 on Friday. Bridgewater Bancshares has a 12-month low of $18.76 and a 12-month high of $22.48. The firm has a fifty day moving average of $19.99 and a 200-day moving average of $20.04.

Bridgewater Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be issued a dividend of $0.3672 per share. The ex-dividend date is Friday, August 14th. This represents a $1.47 dividend on an annualized basis and a dividend yield of 7.3%.

Bridgewater Bancshares Company Profile

Bridgewater Bancshares, Inc, headquartered in Bridgewater, South Dakota, is the bank holding company for Bridgewater State Bank. The company provides a full range of retail and commercial banking services to individuals, small businesses, farmers and nonprofit organizations across eastern South Dakota.

Bridgewater State Bank’s product offerings include a variety of deposit accounts—such as checking, savings, money market and certificate of deposit accounts—alongside commercial real estate, agricultural and consumer lending solutions.