Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Stock Short Interest Report for October

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 151 shares, a decrease of 97.3% from the September 30th total of 5,534 shares. Based on an average daily trading volume, of 1,407 shares, the days-to-cover ratio is presently 0.1 days.

Bridgewater Bancshares Trading Down 1.8%

Shares of BWBBP stock traded down $0.36 during trading hours on Monday, hitting $19.20. 1,865 shares of the company’s stock were exchanged, compared to its average volume of 2,353. The firm has a 50 day moving average of $19.49 and a two-hundred day moving average of $19.89. Bridgewater Bancshares has a fifty-two week low of $18.75 and a fifty-two week high of $21.18.

Bridgewater Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Friday, November 13th will be given a $0.3672 dividend. The ex-dividend date is Friday, November 13th. This represents a $1.47 dividend on an annualized basis and a yield of 7.7%.

Bridgewater Bancshares Company Profile

Bridgewater Bancshares, Inc is the bank holding company for Bridgewater Bank, a community bank headquartered in Bloomington, Minnesota. The company provides banking and financial services primarily to businesses, real estate investors, professionals and individuals in the Minneapolis–Saint Paul metropolitan area and surrounding markets.

Bridgewater Bank offers commercial real estate, commercial and industrial, residential real estate and consumer loans, along with deposit accounts and cash-management services.