John Marshall Bancorp, Inc. (NASDAQ:JMSB) Short Interest Up 13.5% in November

John Marshall Bancorp, Inc. (NASDAQ:JMSB) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 62,300 shares, an increase of 13.5% from the October 31st total of 54,900 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 19,900 shares, the days-to-cover ratio is currently 3.1 days.

Insiders Place Their Bets

In other John Marshall Bancorp news, Director Lim Nguonly sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $24.00, for a total transaction of $144,000.00. Following the sale, 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 sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 12.73% of the company’s stock.

Hedge Funds Weigh In On John Marshall Bancorp

A number of institutional investors have recently modified their holdings of the business. Barclays PLC raised its position in John Marshall Bancorp by 272.5% during the 3rd quarter. Barclays PLC now owns 16,436 shares of the company’s stock worth $325,000 after purchasing an additional 12,024 shares during the last quarter. Vanguard Group Inc. grew 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 worth $11,075,000 after purchasing an additional 7,615 shares during the period. Bank of New York Mellon Corp boosted its holdings in John Marshall Bancorp by 19.5% in the second quarter. Bank of New York Mellon Corp now owns 39,265 shares of the company’s stock worth $685,000 after acquiring an additional 6,411 shares in the last quarter. State Street Corp grew its position in John Marshall Bancorp by 1.5% in the 3rd quarter. State Street Corp now owns 199,299 shares of the company’s stock valued at $3,942,000 after purchasing an additional 2,903 shares during the period. Finally, Geode Capital Management LLC lifted its position in John Marshall Bancorp by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 285,732 shares of the company’s stock valued at $5,653,000 after acquiring an additional 2,215 shares in the last quarter. Institutional investors and hedge funds own 39.09% of the company’s stock.

John Marshall Bancorp Stock Performance

Shares of John Marshall Bancorp stock traded up $0.37 during trading on Monday, hitting $23.02. 13,851 shares of the stock were exchanged, compared to its average volume of 18,500. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.33. John Marshall Bancorp has a 1-year low of $15.00 and a 1-year high of $26.52. The company has a fifty day moving average price of $21.72 and a 200-day moving average price of $19.35. The stock has a market capitalization of $327.80 million, a price-to-earnings ratio of 18.98 and a beta of 0.58.

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.