Short Interest in Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Decreases By 13.3%

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) saw a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 3,900 shares, a drop of 13.3% from the February 13th total of 4,500 shares. Based on an average daily volume of 4,400 shares, the short-interest ratio is presently 0.9 days.

Bridgewater Bancshares Trading Down 0.2 %

Shares of NASDAQ BWBBP opened at $19.08 on Friday. Bridgewater Bancshares has a 1-year low of $16.90 and a 1-year high of $22.00. The business’s 50 day moving average is $19.43 and its 200-day moving average is $19.61.

Bridgewater Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were paid a dividend of $0.3672 per share. The ex-dividend date was Friday, February 14th. This represents a $1.47 dividend on an annualized basis and a dividend yield of 7.70%.

About Bridgewater Bancshares

Bridgewater Bancshares, Inc operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, entrepreneurs, business clients, and individuals in the United States. The company provides savings and money market accounts, demand deposits, time and brokered deposits, and interest and noninterest bearing transaction, as well as certificates of deposit.