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

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

John Marshall Bancorp Trading Up 2.4 %

Shares of NASDAQ:JMSB opened at $20.63 on Wednesday. The company has a market cap of $293.38 million, a PE ratio of 93.77 and a beta of 0.61. The company’s 50 day moving average is $19.15 and its two-hundred day moving average is $18.00. John Marshall Bancorp has a 52 week low of $14.38 and a 52 week high of $24.84. 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 (NASDAQ:JMSB) last posted its quarterly earnings results on Wednesday, July 24th. The company reported $0.27 earnings per share for the quarter. The company had revenue of $12.64 million for the quarter. John Marshall Bancorp had a return on equity of 7.43% and a net margin of 2.70%.

Institutional Investors Weigh In On John Marshall Bancorp

Several hedge funds and other institutional investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC purchased a new position in John Marshall Bancorp in the first quarter valued at approximately $26,000. Bank of New York Mellon Corp boosted its holdings 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 valued at $685,000 after buying an additional 6,411 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings 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 buying an additional 7,615 shares in the last quarter. Institutional investors and hedge funds own 39.09% of the company’s stock.

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.