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

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

Bimini Capital Management Stock Performance

Shares of Bimini Capital Management stock opened at $2.49 on Wednesday. Bimini Capital Management has a 1 year low of $0.99 and a 1 year high of $3.89. The firm has a market cap of $25.05 million, a PE ratio of 4.15 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 company has a 50 day simple moving average of $2.48 and a two-hundred day simple moving average of $2.83.

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

Bimini Capital Management Company Profile

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.