Bimini Capital Management Inc. (OTCMKTS:BMNM) Short Interest Update

Bimini Capital Management Inc. (OTCMKTS:BMNM) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 5,200 shares, an increase of 73.3% from the August 31st total of 3,000 shares. Based on an average daily trading volume, of 3,600 shares, the days-to-cover ratio is currently 1.4 days. Based on an average daily trading volume, of 3,600 shares, the days-to-cover ratio is currently 1.4 days.

Bimini Capital Management Price Performance

Shares of OTCMKTS:BMNM opened at $1.35 on Tuesday. The company has a market cap of $13.59 million, a PE ratio of -22.50 and a beta of 0.18. Bimini Capital Management has a fifty-two week low of $0.60 and a fifty-two week high of $1.39. The firm has a 50-day simple moving average of $1.19 and a 200 day simple moving average of $1.05. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 3.69.

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.