Short Interest in Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Decreases By 97.0%

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) saw a large decline in short interest in the month of August. As of August 15th, there was short interest totaling 100 shares, adeclineof97.0% from the July 31st total of 3,300 shares. Based on an average daily volume of 2,600 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 2,600 shares, the days-to-cover ratio is currently 0.0 days.

Bridgewater Bancshares Price Performance

NASDAQ:BWBBP traded up $0.18 during trading hours on Tuesday, hitting $19.53. 350 shares of the stock traded hands, compared to its average volume of 2,638. The firm has a 50 day moving average price of $19.33 and a 200 day moving average price of $19.05. Bridgewater Bancshares has a fifty-two week low of $18.10 and a fifty-two week high of $22.00.

Bridgewater Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be paid a dividend of $0.3672 per share. This represents a $1.47 annualized dividend and a yield of 7.5%. The ex-dividend date of this dividend is Friday, August 15th.

About Bridgewater Bancshares

Bridgewater Bancshares, Inc operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, entrepreneurs, business clients, and individuals in the United States. The company provides savings and money market accounts, demand deposits, time and brokered deposits, and interest and noninterest bearing transaction, as well as certificates of deposit.