Benchmark Bankshares Inc. (OTCMKTS:BMBN) Sees Large Decline in Short Interest

Benchmark Bankshares Inc. (OTCMKTS:BMBN) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 19 shares, a drop of 62.7% from the July 30th total of 51 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 63 shares, the days-to-cover ratio is currently 0.3 days.

Benchmark Bankshares Price Performance

BMBN stock opened at $42.65 on Friday. The company has a market capitalization of $189.79 million, a price-to-earnings ratio of 8.79 and a beta of 0.11. Benchmark Bankshares has a 12 month low of $31.00 and a 12 month high of $43.09. The firm has a 50 day moving average of $41.74 and a two-hundred day moving average of $39.02.

Benchmark Bankshares (OTCMKTS:BMBN) last released its quarterly earnings results on Tuesday, July 28th. The company reported $1.42 earnings per share for the quarter. The business had revenue of $19.02 million for the quarter.

About Benchmark Bankshares

Benchmark Bankshares, Inc is a Texas-based bank holding company that conducts its operations through its wholly owned subsidiary, Benchmark Bank. Headquartered in McKinney, Texas, the company serves customers across the Dallas-Fort Worth metroplex via a network of community branches and digital banking platforms. Since its inception, Benchmark Bankshares has focused on delivering personalized financial solutions to individuals, small and medium-sized businesses, and municipalities.

Benchmark Bank offers a comprehensive suite of banking products and services.