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 May. As of May 31st, there was short interest totalling 67,600 shares, a decline of 7.1% from the May 15th total of 72,800 shares. Based on an average trading volume of 12,600 shares, the short-interest ratio is currently 5.4 days. Approximately 0.6% of the company’s stock are sold short.

Insiders Place Their Bets

In other news, Director Jonathan Craig Kinney bought 2,000 shares of the stock in a transaction that occurred on Monday, April 29th. The stock was purchased at an average price of $17.14 per share, for a total transaction of $34,280.00. Following the completion of the purchase, the director now owns 173,598 shares in the company, valued at approximately $2,975,469.72. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders bought 4,291 shares of company stock worth $72,675 in the last 90 days. Corporate insiders own 12.69% of the company’s stock.

Institutional Investors Weigh In On John Marshall Bancorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC acquired a new position in shares of John Marshall Bancorp in the 1st quarter valued at $26,000. SG Americas Securities LLC grew its position in John Marshall Bancorp by 14.8% during the 4th quarter. SG Americas Securities LLC now owns 6,802 shares of the company’s stock worth $153,000 after purchasing an additional 875 shares during the last quarter. Toth Financial Advisory Corp increased its stake in John Marshall Bancorp by 14.5% in the fourth quarter. Toth Financial Advisory Corp now owns 484,644 shares of the company’s stock valued at $10,934,000 after purchasing an additional 61,315 shares during the period. Finally, Vanguard Group Inc. raised its holdings in shares of 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 last quarter. Hedge funds and other institutional investors own 39.09% of the company’s stock.

John Marshall Bancorp Stock Up 3.7 %

John Marshall Bancorp stock traded up $0.61 during mid-day trading on Monday, hitting $17.07. The company had a trading volume of 6,864 shares, compared to its average volume of 15,286. The stock has a market cap of $242.75 million, a price-to-earnings ratio of 74.82 and a beta of 0.60. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.11. John Marshall Bancorp has a 1 year low of $14.38 and a 1 year high of $24.84. The business has a fifty day moving average of $16.98 and a 200 day moving average of $18.60.

John Marshall Bancorp (NASDAQ:JMSB) last posted its earnings results on Thursday, April 25th. The company reported $0.30 EPS for the quarter. John Marshall Bancorp had a net margin of 3.42% and a return on equity of 7.82%. The firm had revenue of $12.56 million for the quarter.

John Marshall Bancorp Increases Dividend

The company also recently declared an annual dividend, which will be paid on Monday, July 8th. Shareholders of record on Friday, June 28th will be given a dividend of $0.25 per share. This is a positive change from John Marshall Bancorp’s previous annual dividend of $0.22. The ex-dividend date is Friday, June 28th. This represents a yield of 1.4%. John Marshall Bancorp’s payout ratio is 113.64%.

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.