John Marshall Bancorp, Inc. (NASDAQ:JMSB) Sees Large Decline in Short Interest

John Marshall Bancorp, Inc. (NASDAQ:JMSB) was the recipient of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 52,000 shares, a drop of 5.1% from the December 15th total of 54,800 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 19,700 shares, the short-interest ratio is presently 2.6 days.

John Marshall Bancorp Trading Down 0.2 %

Shares of NASDAQ:JMSB opened at $19.00 on Tuesday. John Marshall Bancorp has a 52 week low of $15.00 and a 52 week high of $26.52. The company’s 50 day moving average is $21.61 and its two-hundred day moving average is $20.31. The company has a market cap of $270.56 million, a PE ratio of 15.97 and a beta of 0.65. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.33.

Insider Activity at John Marshall Bancorp

In related 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 value of $144,000.00. Following the sale, the director now owns 66,765 shares of the company’s stock, valued at $1,602,360. This trade represents a 8.25 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 12.73% of the stock is currently owned by company insiders.

Institutional Trading of John Marshall Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of JMSB. Geode Capital Management LLC boosted its position in shares of John Marshall Bancorp by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 285,732 shares of the company’s stock worth $5,653,000 after acquiring an additional 2,215 shares in the last quarter. State Street Corp boosted its holdings in John Marshall Bancorp by 1.5% in the third 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 in the last quarter. Bank of New York Mellon Corp increased its stake 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 valued at $685,000 after purchasing an additional 6,411 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in John Marshall Bancorp by 156.6% during the third quarter. JPMorgan Chase & Co. now owns 19,769 shares of the company’s stock worth $391,000 after purchasing an additional 12,064 shares in the last quarter. Finally, Barclays PLC lifted its position in shares of 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 buying an additional 12,024 shares during the last quarter. 39.09% of the stock is currently owned by institutional investors and hedge funds.

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.