John Marshall Bancorp, Inc. (NASDAQ:JMSB) Sees Significant Growth in Short Interest

John Marshall Bancorp, Inc. (NASDAQ:JMSB - Get Free Report) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 110,300 shares, a growth of 120.6% from the February 13th total of 50,000 shares. Based on an average daily volume of 18,100 shares, the days-to-cover ratio is presently 6.1 days. Currently, 0.9% of the shares of the company are short sold.

John Marshall Bancorp Stock Performance

Shares of NASDAQ JMSB traded up $0.08 during mid-day trading on Tuesday, hitting $17.47. 11,357 shares of the company were exchanged, compared to its average volume of 17,357. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.33. The firm has a market cap of $248.77 million, a price-to-earnings ratio of 14.56 and a beta of 0.64. The stock has a 50 day simple moving average of $18.79 and a 200-day simple moving average of $20.29. John Marshall Bancorp has a 1-year low of $15.00 and a 1-year high of $26.52.

John Marshall Bancorp (NASDAQ:JMSB - Get Free Report) last issued its earnings results on Wednesday, January 29th. The company reported $0.33 earnings per share for the quarter. John Marshall Bancorp had a net margin of 15.23% and a return on equity of 7.20%.

Hedge Funds Weigh In On John Marshall Bancorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. T. Rowe Price Investment Management Inc. lifted its holdings in shares of John Marshall Bancorp by 8.7% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,943,902 shares of the company's stock valued at $39,034,000 after buying an additional 155,234 shares during the period. Geode Capital Management LLC raised its position in John Marshall Bancorp by 0.8% in the third 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. Bank of America Corp DE lifted its holdings in John Marshall Bancorp by 278.1% in the fourth quarter. Bank of America Corp DE now owns 269,723 shares of the company's stock valued at $5,416,000 after acquiring an additional 198,383 shares during the period. State Street Corp boosted its position in shares of John Marshall Bancorp by 1.5% during the 3rd quarter. State Street Corp now owns 199,299 shares of the company's stock worth $3,942,000 after purchasing an additional 2,903 shares in the last quarter. Finally, FJ Capital Management LLC grew its stake in shares of John Marshall Bancorp by 57.0% during the 4th quarter. FJ Capital Management LLC now owns 174,381 shares of the company's stock worth $3,502,000 after purchasing an additional 63,298 shares during the period. Institutional investors and hedge funds own 39.09% of the company's stock.

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John Marshall Bancorp Company Profile

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.