John Marshall Bancorp, Inc. (NASDAQ:JMSB - Get Free Report) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totalling 52,000 shares, a decline of 5.1% from the December 15th total of 54,800 shares. Based on an average trading volume of 19,700 shares, the short-interest ratio is currently 2.6 days. Approximately 0.4% of the company's stock are short sold.
John Marshall Bancorp Stock Down 0.2 %
Shares of NASDAQ:JMSB traded down $0.04 during midday trading on Friday, reaching $19.00. The company had a trading volume of 28,478 shares, compared to its average volume of 16,872. The stock has a market capitalization of $270.56 million, a P/E ratio of 15.97 and a beta of 0.65. The stock's fifty day moving average price is $21.75 and its 200-day moving average price is $20.28. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.04 and a quick ratio of 1.04. John Marshall Bancorp has a one year low of $15.00 and a one year high of $26.52.
Insider Buying and Selling
In related news, Director Lim Nguonly sold 6,000 shares of John Marshall Bancorp stock in a transaction 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 owns 66,765 shares of the company's stock, valued at $1,602,360. The trade was a 8.25 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 12.73% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On John Marshall Bancorp
Hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of New York Mellon Corp increased 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 valued at $685,000 after buying an additional 6,411 shares during the last quarter. State Street Corp increased its holdings in shares of 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 acquiring an additional 2,903 shares during the last quarter. Barclays PLC raised 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 valued at $325,000 after acquiring an additional 12,024 shares in the last quarter. Geode Capital Management LLC lifted its stake in John Marshall Bancorp by 0.8% during the third quarter. Geode Capital Management LLC now owns 285,732 shares of the company's stock worth $5,653,000 after purchasing an additional 2,215 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in John Marshall Bancorp by 156.6% in 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 during the period. Institutional investors own 39.09% of the company's stock.
About John Marshall Bancorp
(
Get Free Report)
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.
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