Short Interest in Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Decreases By 29.8%

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 3,300 shares, adropof29.8% from the July 15th total of 4,700 shares. Based on an average trading volume of 2,700 shares, the days-to-cover ratio is presently 1.2 days. Based on an average trading volume of 2,700 shares, the days-to-cover ratio is presently 1.2 days.

Bridgewater Bancshares Price Performance

BWBBP opened at $19.6950 on Wednesday. The business has a fifty day simple moving average of $19.16 and a 200-day simple moving average of $19.07. Bridgewater Bancshares has a fifty-two week low of $18.10 and a fifty-two week high of $22.00.

Bridgewater Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be paid a dividend of $0.3672 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a $1.47 dividend on an annualized basis and a dividend yield of 7.5%.

About Bridgewater Bancshares

Bridgewater Bancshares, Inc operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, entrepreneurs, business clients, and individuals in the United States. The company provides savings and money market accounts, demand deposits, time and brokered deposits, and interest and noninterest bearing transaction, as well as certificates of deposit.