John Marshall Bancorp, Inc. (NASDAQ:JMSB) Short Interest Update

John Marshall Bancorp, Inc. (NASDAQ:JMSB) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 62,300 shares, an increase of 13.5% from the October 31st total of 54,900 shares. Based on an average daily trading volume, of 19,900 shares, the days-to-cover ratio is currently 3.1 days. Approximately 0.5% of the shares of the stock are short sold.

Insider Activity

In related news, Director Lim Nguonly sold 6,000 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $24.00, for a total transaction of $144,000.00. Following the completion of the sale, the director now directly owns 66,765 shares of the company’s stock, valued at $1,602,360. This represents a 8.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 12.73% of the company’s stock.

Hedge Funds Weigh In On John Marshall Bancorp

A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of John Marshall Bancorp by 1.2% in the 1st quarter. Vanguard Group Inc. now owns 618,043 shares of the company’s stock valued at $11,075,000 after purchasing an additional 7,615 shares during the period. EverSource Wealth Advisors LLC acquired a new stake in John Marshall Bancorp during the first quarter valued at $26,000. Bank of New York Mellon Corp increased its holdings in John Marshall Bancorp by 19.5% in the second quarter. Bank of New York Mellon Corp now owns 39,265 shares of the company’s stock worth $685,000 after buying an additional 6,411 shares during the last quarter. State Street Corp lifted its stake in shares of John Marshall Bancorp by 1.5% in the 3rd quarter. State Street Corp now owns 199,299 shares of the company’s stock valued at $3,942,000 after purchasing an additional 2,903 shares during the last quarter. Finally, Barclays PLC boosted its stake in shares of John Marshall Bancorp by 272.5% during the 3rd quarter. Barclays PLC now owns 16,436 shares of the company’s stock worth $325,000 after acquiring an additional 12,024 shares in the last quarter. 39.09% of the stock is currently owned by institutional investors and hedge funds.

John Marshall Bancorp Price Performance

NASDAQ JMSB opened at $23.02 on Tuesday. John Marshall Bancorp has a 1 year low of $15.00 and a 1 year high of $26.52. The business’s fifty day moving average is $21.80 and its two-hundred day moving average is $19.39. The stock has a market capitalization of $327.80 million, a P/E ratio of 19.34 and a beta of 0.60. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.04 and a current ratio of 1.04.

John Marshall Bancorp Company Profile

John Marshall Bancorp, Inc operates as the bank holding company for John Marshall Bank that provides banking products and financial services. The company accepts checking, demand, NOW, savings, and money market accounts, as well as certificates of deposit. It offers residential and commercial construction and development loans, commercial term, mortgage, commercial real estate, industrial loans, and other commercial lines of credit; debit and credit cards; and treasury and cash management, investment, business and personal insurance, remote deposit capture, deposit sweep and online and mobile banking services.