Short Interest in CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) Increases By 33.3%

CIB Marine Bancshares, Inc. (OTCMKTS:CIBH) was the target of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 400 shares, an increase of 33.3% from the November 15th total of 300 shares. Based on an average daily trading volume, of 3,800 shares, the short-interest ratio is currently 0.1 days.

CIB Marine Bancshares Stock Down 2.7 %

CIBH stock traded down $0.75 during trading on Friday, reaching $27.50. 6,755 shares of the company’s stock were exchanged, compared to its average volume of 1,175. CIB Marine Bancshares has a 1-year low of $17.10 and a 1-year high of $29.00. The firm has a market cap of $38.64 million, a PE ratio of 13.22 and a beta of 0.26. The company’s fifty day moving average price is $26.98 and its 200-day moving average price is $21.44.

CIB Marine Bancshares (OTCMKTS:CIBH) last issued its earnings results on Thursday, October 17th. The company reported $0.59 earnings per share for the quarter. The company 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.