Bimini Capital Management Inc. (OTCMKTS:BMNM) Short Interest Update

Bimini Capital Management Inc. (OTCMKTS:BMNM) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 100 shares, a drop of 50.0% from the July 15th total of 200 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,846 shares, the days-to-cover ratio is presently 0.1 days.

Bimini Capital Management Stock Performance

OTCMKTS BMNM opened at $3.00 on Monday. The firm has a market capitalization of $30.18 million, a PE ratio of 4.69 and a beta of 0.16. The stock’s 50 day moving average is $2.46 and its 200 day moving average is $2.78. Bimini Capital Management has a twelve month low of $0.99 and a twelve month high of $3.89. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 1.99.

Bimini Capital Management (OTCMKTS:BMNM) last posted its quarterly earnings data on Thursday, August 6th. The financial services provider reported $0.04 earnings per share (EPS) for the quarter. Bimini Capital Management had a return on equity of 52.04% and a net margin of 30.06%.

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.