Bimini Capital Management Inc. (OTCMKTS:BMNM – Get Free Report) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 100 shares, a decrease of 50.0% from the July 15th total of 200 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,846 shares, the days-to-cover ratio is currently 0.1 days.
Bimini Capital Management Price Performance
OTCMKTS:BMNM traded down $0.11 during trading hours on Friday, hitting $3.00. 4,070 shares of the company’s stock traded hands, compared to its average volume of 1,821. The firm has a market cap of $30.18 million, a P/E ratio of 4.69 and a beta of 0.16. Bimini Capital Management has a 52 week low of $0.99 and a 52 week high of $3.89. The business’s fifty day simple moving average is $2.46 and its two-hundred day simple moving average is $2.78. The company has a quick ratio of 1.09, a current ratio of 0.55 and a debt-to-equity ratio of 1.99.
Bimini Capital Management (OTCMKTS:BMNM – Get Free Report) last posted its earnings results on Thursday, August 6th. The financial services provider reported $0.04 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.
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