CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) Short Interest Up 57.1% in October

CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 1,100 shares, a growth of 57.1% from the October 15th total of 700 shares. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is presently 0.4 days.

CIB Marine Bancshares Price Performance

Shares of CIBH stock remained flat at $28.90 on Thursday. The stock has a 50-day moving average of $23.33 and a 200 day moving average of $19.98. CIB Marine Bancshares has a 12-month low of $17.10 and a 12-month high of $28.95. The company has a market cap of $40.46 million, a price-to-earnings ratio of 13.89 and a beta of 0.28.

CIB Marine Bancshares (OTCMKTS:CIBH) last released 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.