CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) Short Interest Update

CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 300 shares, an increase of 50.0% from the December 15th total of 200 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 0.5 days.

CIB Marine Bancshares Stock Up 2.8 %

Shares of OTCMKTS CIBH traded up $0.75 during mid-day trading on Friday, reaching $28.00. 400 shares of the company were exchanged, compared to its average volume of 825. The stock has a market capitalization of $39.20 million, a PE ratio of 13.46 and a beta of 0.28. CIB Marine Bancshares has a 52 week low of $17.10 and a 52 week high of $29.00. The company’s 50 day moving average price is $27.59 and its 200 day moving average price is $22.96.

CIB Marine Bancshares (OTCMKTS:CIBH) last posted its quarterly earnings data 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.