John Marshall Bancorp, Inc. (NASDAQ:JMSB – Get Free Report) was the target of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 55,300 shares, an increase of 13.3% from the January 15th total of 48,800 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 19,500 shares, the short-interest ratio is presently 2.8 days.
Insider Buying and Selling
In other news, Director Lim Nguonly sold 6,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $24.00, for a total value of $144,000.00. Following the transaction, 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 position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 12.73% of the company’s stock.
Hedge Funds Weigh In On John Marshall Bancorp
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of America Corp DE increased its position in John Marshall Bancorp by 278.1% in the 4th quarter. Bank of America Corp DE now owns 269,723 shares of the company’s stock valued at $5,416,000 after acquiring an additional 198,383 shares during the period. T. Rowe Price Investment Management Inc. grew its stake in shares of John Marshall Bancorp by 8.7% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,943,902 shares of the company’s stock worth $39,034,000 after purchasing an additional 155,234 shares in the last quarter. FJ Capital Management LLC increased its holdings in shares of John Marshall Bancorp by 57.0% during the fourth quarter. FJ Capital Management LLC now owns 174,381 shares of the company’s stock valued at $3,502,000 after purchasing an additional 63,298 shares during the period. JPMorgan Chase & Co. raised its stake in shares of John Marshall Bancorp by 119.6% during the fourth quarter. JPMorgan Chase & Co. now owns 43,409 shares of the company’s stock valued at $872,000 after purchasing an additional 23,640 shares in the last quarter. Finally, Deutsche Bank AG acquired a new stake in John Marshall Bancorp in the fourth quarter worth about $261,000. 39.09% of the stock is currently owned by institutional investors and hedge funds.
John Marshall Bancorp Stock Performance
John Marshall Bancorp (NASDAQ:JMSB – Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $0.33 earnings per share for the quarter. John Marshall Bancorp had a net margin of 15.23% and a return on equity of 7.20%.
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.
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