Short Interest in John Marshall Bancorp, Inc. (NASDAQ:JMSB) Rises By 13.5%

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

Insider Activity

In related news, Director Lim Nguonly sold 6,000 shares of the stock in a transaction on Monday, November 25th. The stock was 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 in the company, valued at approximately $1,602,360. This trade represents a 8.25 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 12.73% of the company’s stock.

Hedge Funds Weigh In On John Marshall Bancorp

Several hedge funds have recently bought and sold shares of JMSB. EverSource Wealth Advisors LLC acquired a new position in John Marshall Bancorp during the first quarter worth $26,000. Barclays PLC grew its position in shares of John Marshall Bancorp by 272.5% in the third quarter. Barclays PLC now owns 16,436 shares of the company’s stock valued at $325,000 after purchasing an additional 12,024 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of 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 valued at $685,000 after purchasing an additional 6,411 shares during the last quarter. State Street Corp grew its position in shares of John Marshall Bancorp by 1.5% in the third 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, Geode Capital Management LLC grew its position in shares of John Marshall Bancorp by 0.8% in the third quarter. Geode Capital Management LLC now owns 285,732 shares of the company’s stock valued at $5,653,000 after purchasing an additional 2,215 shares during the last quarter. 39.09% of the stock is owned by institutional investors and hedge funds.

John Marshall Bancorp Stock Down 0.3 %

Shares of NASDAQ:JMSB traded down $0.06 during midday trading on Monday, hitting $22.59. 6,075 shares of the stock were exchanged, compared to its average volume of 18,483. 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 has a 52-week low of $15.00 and a 52-week high of $26.52. The business’s fifty day simple moving average is $21.72 and its two-hundred day simple moving average is $19.35. The company has a market capitalization of $321.68 million, a PE ratio of 19.03 and a beta of 0.58.

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.