CIB Marine Bancshares, Inc. (OTCMKTS:CIBH – Get Free Report) was the target of a large drop in short interest in November. As of November 15th, there was short interest totalling 300 shares, a drop of 72.7% from the October 31st total of 1,100 shares. Based on an average trading volume of 1,400 shares, the short-interest ratio is currently 0.2 days.
CIB Marine Bancshares Price Performance
Shares of CIBH remained flat at $28.00 during midday trading on Thursday. The stock had a trading volume of 800 shares, compared to its average volume of 1,144. The stock has a market cap of $39.20 million, a P/E ratio of 13.46 and a beta of 0.28. CIB Marine Bancshares has a twelve month low of $17.10 and a twelve month high of $29.00. The firm has a fifty day simple moving average of $25.08 and a 200-day simple moving average of $20.62.
CIB Marine Bancshares (OTCMKTS:CIBH – Get Free Report) last issued its quarterly earnings results on Thursday, October 17th. The company reported $0.59 earnings per share for the quarter. The business had revenue of $8.47 million for the quarter.
CIB Marine Bancshares Company Profile
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.
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