Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Short Interest Update

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 7,884 shares, an increase of 103.3% from the June 30th total of 3,878 shares. Based on an average daily trading volume, of 2,391 shares, the short-interest ratio is currently 3.3 days.

Bridgewater Bancshares Stock Performance

NASDAQ BWBBP traded down $0.04 on Thursday, reaching $19.95. The company’s stock had a trading volume of 3,471 shares, compared to its average volume of 2,434. Bridgewater Bancshares has a 52 week low of $18.76 and a 52 week high of $22.48. The business has a 50-day moving average price of $19.98 and a 200 day moving average price of $20.04.

Bridgewater Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be paid a dividend of $0.3672 per share. This represents a $1.47 annualized dividend and a yield of 7.4%. The ex-dividend date is Friday, August 14th.

About Bridgewater Bancshares

Bridgewater Bancshares, Inc, headquartered in Bridgewater, South Dakota, is the bank holding company for Bridgewater State Bank. The company provides a full range of retail and commercial banking services to individuals, small businesses, farmers and nonprofit organizations across eastern South Dakota.

Bridgewater State Bank’s product offerings include a variety of deposit accounts—such as checking, savings, money market and certificate of deposit accounts—alongside commercial real estate, agricultural and consumer lending solutions.