Bimini Capital Management Inc. (OTCMKTS:BMNM) Sees Significant Increase in Short Interest

Bimini Capital Management Inc. (OTCMKTS:BMNM) was the target of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 485 shares, a growth of 385.0% from the July 30th total of 100 shares. Based on an average daily trading volume, of 6,703 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Bimini Capital Management Stock Performance

Shares of Bimini Capital Management stock opened at $3.53 on Thursday. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 1.99. The stock’s fifty day moving average is $2.58 and its two-hundred day moving average is $2.77. Bimini Capital Management has a 52 week low of $0.99 and a 52 week high of $3.89. The company has a market capitalization of $35.51 million, a PE ratio of 5.52 and a beta of 0.16.

Bimini Capital Management (OTCMKTS:BMNM) last posted its quarterly earnings results on Thursday, August 6th. The financial services provider reported $0.04 EPS for the quarter. Bimini Capital Management had a net margin of 30.06% and a return on equity of 52.04%.

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.