Bimini Capital Management Inc. (OTCMKTS:BMNM) Short Interest Up 73.3% in September

Bimini Capital Management Inc. (OTCMKTS:BMNM) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 5,200 shares, an increase of 73.3% from the August 31st total of 3,000 shares. Based on an average daily volume of 3,600 shares, the days-to-cover ratio is currently 1.4 days. Based on an average daily volume of 3,600 shares, the days-to-cover ratio is currently 1.4 days.

Bimini Capital Management Trading Up 20.4%

OTCMKTS:BMNM opened at $1.35 on Monday. The firm’s fifty day moving average is $1.18 and its 200-day moving average is $1.05. The company has a debt-to-equity ratio of 3.69, a quick ratio of 0.07 and a current ratio of 0.07. Bimini Capital Management has a 52 week low of $0.60 and a 52 week high of $1.39. The firm has a market cap of $13.59 million, a P/E ratio of -22.50 and a beta of 0.18.

Bimini Capital Management Company Profile

Bimini Capital Management, Inc, through its subsidiaries, operates as a specialty finance company in the United States. The company operates in two segments, Asset Management and Investment Portfolio. The Asset Management segment includes investment advisory services by Bimini Advisors to Orchid Island Capital, Inc and Royal Palm Capital, LLC.