John Marshall Bancorp, Inc. (NASDAQ:JMSB) Short Interest Up 5.2% in October

John Marshall Bancorp, Inc. (NASDAQ:JMSB) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 56,800 shares, an increase of 5.2% from the September 30th total of 54,000 shares. Based on an average daily volume of 19,200 shares, the short-interest ratio is presently 3.0 days. Currently, 0.5% of the shares of the stock are sold short.

Hedge Funds Weigh In On John Marshall Bancorp

Several large investors have recently made changes to their positions in JMSB. EverSource Wealth Advisors LLC bought a new stake in John Marshall Bancorp during the 1st quarter worth about $26,000. Bank of New York Mellon Corp raised its stake in shares of John Marshall Bancorp by 19.5% during the second 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. Finally, Vanguard Group Inc. lifted 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 valued at $11,075,000 after buying an additional 7,615 shares during the period. Institutional investors and hedge funds own 39.09% of the company’s stock.

John Marshall Bancorp Stock Performance

JMSB stock opened at $21.45 on Friday. The company has a 50 day moving average price of $19.80 and a 200 day moving average price of $18.40. John Marshall Bancorp has a fifty-two week low of $15.00 and a fifty-two week high of $24.84. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market capitalization of $305.25 million, a PE ratio of 18.03 and a beta of 0.61.

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.