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

John Marshall Bancorp, Inc. (NASDAQ:JMSB) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totalling 56,800 shares, a growth 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.

John Marshall Bancorp Stock Up 0.5 %

Shares of JMSB opened at $21.45 on Friday. John Marshall Bancorp has a 12 month low of $15.00 and a 12 month high of $24.84. The stock has a market cap of $305.25 million, a price-to-earnings ratio of 18.03 and a beta of 0.61. The company has a 50-day moving average price of $19.80 and a two-hundred day moving average price of $18.40. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.11.

Hedge Funds Weigh In On John Marshall Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in John Marshall Bancorp by 1.2% during the first quarter. Vanguard Group Inc. now owns 618,043 shares of the company’s stock worth $11,075,000 after acquiring an additional 7,615 shares in the last quarter. EverSource Wealth Advisors LLC bought a new position in John Marshall Bancorp during the 1st quarter valued at about $26,000. Finally, Bank of New York Mellon Corp boosted its position 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 buying an additional 6,411 shares in the last quarter. Institutional investors own 39.09% of the company’s stock.

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.