Benchmark Bankshares Inc. (OTCMKTS:BMBN) Short Interest Up 158.3% in March

Key Points

• Short interest jumped 158.3% in March to 62 shares from 24 on Feb. 26; with an average daily volume of 639 shares the short‑interest ratio is just 0.1 days and shorted shares represent 0.0% of the stock (negligible).
• Shares opened at $37.00—near a 12‑month high of $37.30—with a 50‑day moving average of $36.16 and a 200‑day moving average of $33.76; the company has a market cap of $165.39 million and a P/E of 8.30.
• Benchmark Bankshares reported $1.17 earnings per share and $18.33 million in revenue for the most recent quarter.

Benchmark Bankshares Inc. (OTCMKTS:BMBN - Get Free Report) was the target of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 62 shares, an increase of 158.3% from the February 26th total of 24 shares. Based on an average daily volume of 639 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company's stock are short sold. Currently, 0.0% of the company's stock are short sold. Based on an average daily volume of 639 shares, the short-interest ratio is presently 0.1 days.

Benchmark Bankshares Price Performance

Shares of Benchmark Bankshares stock opened at $37.00 on Wednesday. Benchmark Bankshares has a twelve month low of $24.61 and a twelve month high of $37.30. The company's 50 day moving average is $36.16 and its 200 day moving average is $33.76. The company has a market cap of $165.39 million, a price-to-earnings ratio of 8.30 and a beta of 0.14.

Benchmark Bankshares (OTCMKTS:BMBN - Get Free Report) last announced its earnings results on Wednesday, February 4th. The company reported $1.17 earnings per share for the quarter. The company had revenue of $18.33 million for the quarter.

About Benchmark Bankshares

Benchmark Bankshares, Inc is a Texas-based bank holding company that conducts its operations through its wholly owned subsidiary, Benchmark Bank. Headquartered in McKinney, Texas, the company serves customers across the Dallas-Fort Worth metroplex via a network of community branches and digital banking platforms. Since its inception, Benchmark Bankshares has focused on delivering personalized financial solutions to individuals, small and medium-sized businesses, and municipalities.

Benchmark Bank offers a comprehensive suite of banking products and services.

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