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

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) was the recipient of a large growth in short interest during 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 trading volume of 1,175 shares, the days-to-cover ratio is presently 1.3 days.

Bridgewater Bancshares Stock Performance

Shares of NASDAQ:BWBBP opened at $19.15 on Wednesday. Bridgewater Bancshares has a 52 week low of $18.75 and a 52 week high of $21.18. The firm’s 50 day moving average is $19.35 and its two-hundred day moving average is $19.88.

Bridgewater Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Friday, November 13th will be given a dividend of $0.3672 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $1.47 dividend on an annualized basis and a dividend yield of 7.7%.

About Bridgewater Bancshares

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.