Shorts Action: BIMINI CAPITAL MANAGEMENT (OTCMKTS:BMNM) Can’t Be Less Risky. Short Interest Decreased

November 28, 2016 - By Clifton Ray   ·   0 Comments

Shorts Action: BIMINI CAPITAL MANAGEMENT (OTCMKTS:BMNM) Can't Be Less Risky. Short Interest Decreased

The stock of BIMINI CAPITAL MANAGEMENT (OTCMKTS:BMNM) registered a decrease of 98.04% in short interest. BMNM’s total short interest was 100 shares in November as published by FINRA. Its down 98.04% from 5,100 shares, reported previously. The stock decreased 0.45% or $0.01 on November 25, hitting $2.19. About 97,590 shares traded hands or 1569.63% up from the average. Bimini Capital Managment, Inc. (OTCMKTS:BMNM) has risen 48.98% since April 25, 2016 and is uptrending. It has outperformed by 42.97% the S&P500.

Bimini Capital Management, Inc. is a specialty finance company. The company has a market cap of $27.31 million. The Firm primarily invests in mortgage-backed securities . It has a 0.41 P/E ratio. The principal and interest payments of these MBS are guaranteed by the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) or the Government National Mortgage Association (Ginnie Mae), and are backed primarily by single-family residential mortgage loans.

BMNM Company Profile

Bimini Capital Management, Inc., incorporated on October 24, 2003, is a specialty finance company. The Firm primarily invests in mortgage-backed securities (MBS). The principal and interest payments of these MBS are guaranteed by the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) or the Government National Mortgage Association (Ginnie Mae), and are backed primarily by single-family residential mortgage loans.

More notable recent Bimini Capital Managment, Inc. (OTCMKTS:BMNM) news were published by: Globenewswire.com which released: “Bimini Capital Management, Inc. Adopts Stockholder Rights Plan Structured to …” on December 21, 2015, also Seekingalpha.com with their article: “Bimini Capital Management Is Currently Excessively Undervalued (Potential For …” published on September 25, 2016, Seekingalpha.com published: “Bimini Capital Management Reports The Best Loss I’ve Seen (BMNM)” on May 15, 2015. More interesting news about Bimini Capital Managment, Inc. (OTCMKTS:BMNM) were released by: Thestreet.com and their article: “Orchid Island’s IPO Dotted With Red Flags” published on July 22, 2011 as well as Seekingalpha.com‘s news article titled: “Orchid Island Capital Set For Growth In 2016” with publication date: January 06, 2016.

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By Clifton Ray


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