GSA Capital Partners LLP Acquires New Shares in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS)

GSA Capital Partners LLP purchased a new stake in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 24,353 shares of the company’s stock, valued at approximately $68,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Ground Swell Capital LLC bought a new stake in Blue Ridge Bankshares in the second quarter valued at approximately $36,000. Emerald Mutual Fund Advisers Trust bought a new position in Blue Ridge Bankshares during the second quarter worth $52,000. AQR Capital Management LLC bought a new position in Blue Ridge Bankshares during the second quarter worth $72,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Blue Ridge Bankshares in the second quarter valued at $73,000. Finally, Graham Capital Wealth Management LLC bought a new stake in Blue Ridge Bankshares during the third quarter valued at $95,000. 50.48% of the stock is currently owned by institutional investors and hedge funds.

Blue Ridge Bankshares Stock Performance

BRBS stock opened at $3.56 on Tuesday. The firm has a market cap of $261.36 million, a PE ratio of -3.91 and a beta of 0.67. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 0.68. The stock has a 50-day moving average price of $2.99 and a 200-day moving average price of $2.86. Blue Ridge Bankshares, Inc. has a 1-year low of $2.30 and a 1-year high of $3.99.

Blue Ridge Bankshares (NASDAQ:BRBS) last issued its earnings results on Tuesday, October 29th. The company reported $0.01 earnings per share for the quarter. Blue Ridge Bankshares had a negative return on equity of 7.44% and a negative net margin of 10.60%. The business had revenue of $21.84 million during the quarter.

About Blue Ridge Bankshares

Blue Ridge Bankshares, Inc operates as a bank holding company for the Blue Ridge Bank, National Association that provides commercial and consumer banking, and financial services. It operates through: Commercial Banking and Mortgage Banking segments. The company accepts checking, savings, money market, cash management, and individual retirement accounts, as well as certificates of deposit.