Short Interest in John Marshall Bancorp, Inc. (NASDAQ:JMSB) Declines By 8.2%

John Marshall Bancorp, Inc. (NASDAQ:JMSB) was the recipient of a large decrease in short interest during 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. Based on an average daily volume of 22,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Investors Weigh In On John Marshall Bancorp

Several institutional investors and hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp grew its holdings in shares of John Marshall Bancorp by 19.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 39,265 shares of the company’s stock worth $685,000 after acquiring an additional 6,411 shares during the period. EverSource Wealth Advisors LLC bought a new position in shares of John Marshall Bancorp during the first quarter valued at $26,000. Finally, Vanguard Group Inc. raised its holdings in 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 buying an additional 7,615 shares during the last quarter. Hedge funds and other institutional investors own 39.09% of the company’s stock.

John Marshall Bancorp Stock Down 0.9 %

Shares of NASDAQ JMSB opened at $21.27 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.00 and a quick ratio of 1.00. John Marshall Bancorp has a one year low of $14.38 and a one year high of $24.84. The firm’s 50 day simple moving average is $19.26 and its two-hundred day simple moving average is $18.05. The stock has a market capitalization of $302.48 million, a P/E ratio of 96.68 and a beta of 0.61.

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

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.