November 29, 2016 - By Richard Conner · 0 Comments
The stock of CIB MARINE BANCSHS (OTCMKTS:CIBH) registered an increase of 10% in short interest. CIBH’s total short interest was 1,100 shares in November as published by FINRA. Its up 10% from 1,000 shares, reported previously. With 16,700 shares average volume, it will take short sellers 0 days to cover their CIBH’s short positions. The stock last traded at $1.17 per share. It is down 185.37% since April 26, 2016 and is uptrending. It has outperformed by 180.11% the S&P500.
CIB Marine Bancshares, Inc. is a financial services holding company. The company has a market cap of $20.68 million. The Company, through its subsidiary, CIBM Bank (the Bank), provides a range of banking and related services. It has a 28.92 P/E ratio. The Company’s divisions are banking, mortgage and corporate.
CIB Marine Bancshares, Inc. (CIB Marine), incorporated on May 5, 1999, is a one-bank holding company. CIB Marine owns and operates CIBM Bank. CIBM Bank offers an array of traditional banking services. These services include a range of loan products, such as commercial loans, commercial real estate loans, commercial and residential construction loans, one-to four-family residential real estate loans, consumer loans, and commercial and standby letters of credit; accepting demand, savings and time deposits, providing commercial paper and repurchase agreements, and providing other banking services. The Bank has branches in Central Illinois; Indianapolis, Indiana; and Milwaukee, Wisconsin. CIBM Bank operates under the name Central Illinois Bank in its central Illinois markets, and Marine Bank in its Indiana and Wisconsin markets.
More notable recent Cib Marine Bancshares Inc (OTCMKTS:CIBH) news were published by: Jsonline.com which released: “Investor planning proxy fight with Waukesha’s CIB Marine Bancshares” on March 23, 2016, also Marketwired.com with their article: “CIB Marine Bancshares, Inc. Announces 2016 Third Quarter Results” published on October 13, 2016, Marketwired.com published: “CIB Marine Bancshares, Inc. and CIBM Bank Name New Chairman, and President & CEO” on October 30, 2015. More interesting news about Cib Marine Bancshares Inc (OTCMKTS:CIBH) were released by: Biztimes.com and their article: “Marine Bank parent wins $1.3 million settlement” published on July 15, 2016 as well as Jsonline.com‘s news article titled: “Marine Bank focus of bad news” with publication date: April 17, 2009.
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By Richard Conner