MainStreet Bancshares, Inc. (NASDAQ:MNSBP) Sees Significant Decrease in Short Interest

MainStreet Bancshares, Inc. (NASDAQ:MNSBP) saw a significant decrease in short interest in December. As of December 31st, there was short interest totalling 4,900 shares, a decrease of 15.5% from the December 15th total of 5,800 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is presently 3.5 days.

MainStreet Bancshares Stock Down 0.2 %

NASDAQ MNSBP traded down $0.05 during mid-day trading on Friday, reaching $24.53. 1,937 shares of the stock were exchanged, compared to its average volume of 717. MainStreet Bancshares has a 1-year low of $21.05 and a 1-year high of $25.03. The business’s fifty day simple moving average is $24.16 and its 200 day simple moving average is $23.36.

MainStreet Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 13th were paid a dividend of $0.4688 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.64%. The ex-dividend date was Friday, December 13th.

About MainStreet Bancshares

MainStreet Bancshares, Inc operates as the bank holding company for MainStreet Bank that provides various banking products and services for individuals, small to medium-sized businesses, and professional service organizations. The company offers demand, NOW, money market, savings, and sweep accounts, as well as certificates of deposit; business and consumer checking, interest-bearing checking, business account analysis, and other depository services; and cash management, wire transfer, check imaging, bill pay, remote deposit capture, and courier services.