Bimini Capital Management Inc. (OTCMKTS:BMNM) Short Interest Up ∞ in July

Bimini Capital Management Inc. (OTCMKTS:BMNM) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 200 shares, an increase of ∞ from the June 30th total of 0 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 4,609 shares, the short-interest ratio is currently 0.0 days.

Bimini Capital Management Stock Up 2.0%

BMNM opened at $2.55 on Friday. The company has a market capitalization of $25.65 million, a P/E ratio of 4.25 and a beta of 0.16. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.09 and a quick ratio of 1.09. The firm’s fifty day moving average price is $2.46 and its two-hundred day moving average price is $2.82. Bimini Capital Management has a fifty-two week low of $0.99 and a fifty-two week high of $3.89.

Bimini Capital Management (OTCMKTS:BMNM) last posted its earnings results on Thursday, May 7th. The financial services provider reported $0.08 earnings per share for the quarter. Bimini Capital Management had a net margin of 32.69% and a return on equity of 56.67%.

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.