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

Cib Marine Bancshares, Inc. (OTCMKTS:CIBH) was the target of a large decline in short interest in December. As of December 15th, there was short interest totaling 144 shares, a decline of 41.0% from the November 30th total of 244 shares. Based on an average trading volume of 1,293 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 1,293 shares, the short-interest ratio is currently 0.1 days.

Cib Marine Bancshares Stock Down 0.6%

OTCMKTS CIBH opened at $37.26 on Tuesday. Cib Marine Bancshares has a twelve month low of $25.60 and a twelve month high of $37.83. The stock has a market cap of $51.79 million, a P/E ratio of 19.61 and a beta of 0.23. The company’s 50-day simple moving average is $36.58 and its 200 day simple moving average is $35.50.

Cib Marine Bancshares (OTCMKTS:CIBH) last released its quarterly earnings data on Friday, October 10th. The company reported $0.65 earnings per share for the quarter. The company had revenue of $7.49 million for the quarter.

Cib Marine Bancshares Company Profile

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.