Bimini Capital Management Inc. (OTCMKTS:BMNM) Sees Significant Increase in Short Interest

Bimini Capital Management Inc. (OTCMKTS:BMNM) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 9,300 shares, a growth of 78.8% from the September 15th total of 5,200 shares. Based on an average daily trading volume, of 2,500 shares, the short-interest ratio is presently 3.7 days. Based on an average daily trading volume, of 2,500 shares, the short-interest ratio is presently 3.7 days.

Bimini Capital Management Stock Performance

OTCMKTS:BMNM opened at $1.35 on Tuesday. The stock’s fifty day moving average is $1.22 and its 200 day moving average is $1.05. Bimini Capital Management has a fifty-two week low of $0.60 and a fifty-two week high of $1.39. The firm has a market capitalization of $13.59 million, a PE ratio of -22.50 and a beta of 0.18. The company has a debt-to-equity ratio of 3.69, a quick ratio of 0.07 and a current ratio of 0.07.

About Bimini Capital Management

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.