Cib Marine Bancshares, Inc. (OTCMKTS:CIBH) Sees Significant Drop in Short Interest

Cib Marine Bancshares, Inc. (OTCMKTS:CIBH) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 295 shares, a decrease of 58.4% from the December 31st total of 709 shares. Based on an average daily volume of 705 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 705 shares, the days-to-cover ratio is presently 0.4 days.

Cib Marine Bancshares Price Performance

OTCMKTS CIBH opened at $37.00 on Friday. The business has a 50 day moving average price of $37.13 and a 200 day moving average price of $36.06. The company has a market capitalization of $51.43 million, a P/E ratio of 33.04 and a beta of 0.24. Cib Marine Bancshares has a 1-year low of $28.04 and a 1-year high of $37.83.

Cib Marine Bancshares (OTCMKTS:CIBH) last posted its earnings results on Friday, January 23rd. The company reported ($0.24) earnings per share for the quarter. The business had revenue of $6.97 million for the quarter.

About Cib Marine Bancshares

CIB Marine Bancshares is a bank holding company headquartered in Chicago, Illinois. Through its wholly owned subsidiary, CIBM Bank, the company offers a full suite of financial services designed to meet the needs of both individual and business clients. Its banking platform focuses on providing personalized commercial lending, real estate financing and treasury management solutions to small- and middle-market companies, as well as retail deposit and payment services for consumers.

In its commercial banking division, CIBM Bank specializes in corporate lending, commercial real estate mortgages and lines of credit tailored to growing businesses.