Short Interest in Bimini Capital Management Inc. (OTCMKTS:BMNM) Drops By 81.0%

Bimini Capital Management Inc. (OTCMKTS:BMNM) saw a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 468 shares, a decrease of 81.0% from the February 12th total of 2,465 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 9,429 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 9,429 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Bimini Capital Management Stock Down 0.3%

Shares of OTCMKTS:BMNM opened at $3.44 on Thursday. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 2.96. The company has a fifty day simple moving average of $3.23 and a 200 day simple moving average of $2.14. The firm has a market cap of $34.64 million, a PE ratio of 38.22 and a beta of 0.05. Bimini Capital Management has a 12-month low of $0.60 and a 12-month high of $3.89.

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. The Investment Portfolio segment engages in investment activities conducted by Royal Palm Capital, LLC. It invests in residential mortgage-backed securities.