Short Interest in CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) Increases By 33.3%

CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) was the target of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 400 shares, an increase of 33.3% from the November 15th total of 300 shares. Based on an average daily trading volume, of 3,800 shares, the days-to-cover ratio is currently 0.1 days.

CIB Marine Bancshares Stock Down 2.7 %

OTCMKTS:CIBH traded down $0.75 on Friday, hitting $27.50. The stock had a trading volume of 6,755 shares, compared to its average volume of 1,175. CIB Marine Bancshares has a 52 week low of $17.10 and a 52 week high of $29.00. The business’s fifty day moving average is $26.98 and its 200 day moving average is $21.44. The company has a market cap of $38.64 million, a PE ratio of 13.22 and a beta of 0.26.

CIB Marine Bancshares (OTCMKTS:CIBH) last issued its earnings results on Thursday, October 17th. The company reported $0.59 earnings per share (EPS) for the quarter. The firm had revenue of $8.47 million during the quarter.

About CIB Marine Bancshares

CIB Marine Bancshares, Inc operates as the bank holding company for CIBM Bank that provides commercial banking services to individual and business customers in Illinois, Indiana, and Wisconsin. It provides deposit accounts comprising checking, savings, and time deposits. The company offers a range of loan products, such as commercial, commercial real estate, commercial and residential construction, government guaranteed, one-to-four family residential real estate, home equity, and consumer loans, as well as commercial and standby letters of credit.