Benchmark Bankshares Inc. (OTCMKTS:BMBN) Short Interest Update

Key Points

• Short interest for Benchmark Bankshares Inc. surged by 300.0% in August, increasing from 100 shares to 400 shares as of August 31st.
• The company's stock opened at $31.25, with a one-year price range between $19.76 and $34.93.
• Benchmark Bankshares reported $1.07 EPS and $16.61 million in revenue for the quarter ending August 8th.

Benchmark Bankshares Inc. (OTCMKTS:BMBN - Get Free Report) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 400 shares, an increase of 300.0% from the August 15th total of 100 shares. Based on an average trading volume of 2,700 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company's shares are short sold. Approximately 0.0% of the company's shares are short sold. Based on an average trading volume of 2,700 shares, the short-interest ratio is presently 0.1 days.

Benchmark Bankshares Stock Performance

Shares of BMBN stock remained flat at $31.25 during mid-day trading on Wednesday. 600 shares of the stock were exchanged, compared to its average volume of 667. The firm's 50-day moving average is $30.09 and its 200 day moving average is $27.60. Benchmark Bankshares has a fifty-two week low of $20.95 and a fifty-two week high of $34.93.

Benchmark Bankshares (OTCMKTS:BMBN - Get Free Report) last issued its earnings results on Friday, August 8th. The company reported $1.07 EPS for the quarter. The business had revenue of $16.61 million during 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.