Benchmark Bankshares Inc. (OTCMKTS:BMBN) Sees Large Drop in Short Interest

Key Points

• Benchmark Bankshares Inc. experienced a significant decrease in short interest, dropping by 62.5% from 800 shares to 300 shares as of July 15th.
• The company's stock price remained stable at $29.00, while its 1-year low and high were recorded at $19.25 and $34.93, respectively.
• For the recent quarter, Benchmark Bankshares reported earnings of $1.03 per share and revenue totaling $15.51 million.

Benchmark Bankshares Inc. (OTCMKTS:BMBN - Get Free Report) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 300 shares, a decline of 62.5% from the June 30th total of 800 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 400 shares, the short-interest ratio is presently 0.8 days.

Benchmark Bankshares Price Performance

OTCMKTS BMBN remained flat at $29.00 on Tuesday. The company's 50 day moving average price is $28.00 and its 200 day moving average price is $26.30. Benchmark Bankshares has a 1-year low of $19.25 and a 1-year high of $34.93.

Benchmark Bankshares (OTCMKTS:BMBN - Get Free Report) last announced its earnings results on Tuesday, May 20th. The company reported $1.03 earnings per share (EPS) for the quarter. The company had revenue of $15.51 million for the quarter.

About Benchmark Bankshares

Benchmark Bankshares, Inc operates as the holding company for Benchmark Community Bank that provides various banking products and services in the United States. The company accepts various deposits, such as checking, saving, commercial services, and youth accounts. Its loan products include personal, mortgage, other real estate, business, auto, and student loans.

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