John Marshall Bancorp, Inc. (NASDAQ:JMSB) Sees Large Decrease in Short Interest

John Marshall Bancorp, Inc. (NASDAQ:JMSB) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totalling 54,000 shares, a decrease of 8.2% from the September 15th total of 58,800 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 22,000 shares, the short-interest ratio is currently 2.5 days.

John Marshall Bancorp Stock Up 4.0 %

Shares of NASDAQ:JMSB opened at $21.46 on Thursday. The stock has a market capitalization of $305.18 million, a P/E ratio of 97.55 and a beta of 0.61. The stock’s 50-day moving average price is $19.22 and its 200-day moving average price is $18.02. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.11. John Marshall Bancorp has a 12-month low of $14.38 and a 12-month high of $24.84.

John Marshall Bancorp (NASDAQ:JMSB) last issued its earnings results on Wednesday, July 24th. The company reported $0.27 EPS for the quarter. John Marshall Bancorp had a net margin of 2.70% and a return on equity of 7.43%. The company had revenue of $12.64 million for the quarter.

Hedge Funds Weigh In On John Marshall Bancorp

A number of hedge funds have recently modified their holdings of JMSB. Vanguard Group Inc. grew its stake in shares of John Marshall Bancorp by 1.2% in the first quarter. Vanguard Group Inc. now owns 618,043 shares of the company’s stock worth $11,075,000 after purchasing an additional 7,615 shares during the last quarter. EverSource Wealth Advisors LLC bought a new stake in shares of John Marshall Bancorp in the 1st quarter worth approximately $26,000. Finally, Bank of New York Mellon Corp grew its position in shares of John Marshall Bancorp by 19.5% in the 2nd 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. Hedge funds and other institutional investors own 39.09% of the company’s stock.

About John Marshall Bancorp

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.