Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Stock Short Interest Report for October

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 1,525 shares, a growth of 909.9% from the October 15th total of 151 shares. Based on an average daily trading volume, of 1,175 shares, the days-to-cover ratio is presently 1.3 days.

Bridgewater Bancshares Stock Up 3.1%

Shares of NASDAQ:BWBBP traded up $0.58 during midday trading on Thursday, hitting $19.21. The stock had a trading volume of 3,761 shares, compared to its average volume of 2,302. Bridgewater Bancshares has a 1 year low of $18.60 and a 1 year high of $21.18. The stock has a 50 day moving average price of $19.33 and a two-hundred day moving average price of $19.88.

Bridgewater Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Friday, November 13th will be paid a $0.3672 dividend. The ex-dividend date is Friday, November 13th. This represents a $1.47 annualized dividend and a dividend yield of 7.6%.

Bridgewater Bancshares Company Profile

Bridgewater Bancshares, Inc. is a bank holding company headquartered in St. Louis Park, Minnesota. Its principal subsidiary, Bridgewater Bank, provides banking services to businesses and individuals, with a focus on commercial banking. The bank offers business and commercial real estate lending, deposit accounts, and cash management services, alongside personal banking products. Its operations are centered in the Twin Cities and serve customers across Minnesota. Bridgewater Bank began operations in 2005.