Bimini Capital Management Inc. (OTCMKTS:BMNM) Short Interest Up 78.8% in September

Bimini Capital Management Inc. (OTCMKTS:BMNM) was the target of a large growth in short interest during 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 days-to-cover ratio is presently 3.7 days. Based on an average daily trading volume, of 2,500 shares, the days-to-cover ratio is presently 3.7 days.

Bimini Capital Management Stock Up 13.4%

Bimini Capital Management stock opened at $1.35 on Wednesday. The company has a debt-to-equity ratio of 3.69, a current ratio of 0.07 and a quick ratio of 0.07. 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 fifty day moving average price of $1.22 and a two-hundred day moving average price of $1.05. The firm has a market cap of $13.59 million, a price-to-earnings ratio of -22.50 and a beta of 0.18.

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.