John Marshall Bancorp, Inc. (NASDAQ:JMSB) Short Interest Down 23.7% in December
by Jessica Moore · The Cerbat GemJohn Marshall Bancorp, Inc. (NASDAQ:JMSB – Get Free Report) was the target of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 76,203 shares, a decrease of 23.7% from the December 15th total of 99,937 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average trading volume of 17,017 shares, the short-interest ratio is presently 4.5 days. Based on an average trading volume of 17,017 shares, the short-interest ratio is presently 4.5 days. Approximately 0.6% of the shares of the stock are short sold.
Analyst Ratings Changes
Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of John Marshall Bancorp in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $22.00.
View Our Latest Stock Analysis on JMSB
John Marshall Bancorp Trading Down 0.8%
Shares of John Marshall Bancorp stock traded down $0.16 during mid-day trading on Friday, hitting $19.82. 13,322 shares of the stock were exchanged, compared to its average volume of 16,130. The stock has a market capitalization of $280.97 million, a price-to-earnings ratio of 14.06 and a beta of 0.68. John Marshall Bancorp has a twelve month low of $13.81 and a twelve month high of $21.58. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.31. The company has a 50-day simple moving average of $20.01 and a 200 day simple moving average of $19.64.
John Marshall Bancorp (NASDAQ:JMSB – Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.01. The business had revenue of $15.94 million during the quarter, compared to analyst estimates of $15.88 million. John Marshall Bancorp had a net margin of 17.62% and a return on equity of 7.93%.
Hedge Funds Weigh In On John Marshall Bancorp
Institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC acquired a new stake in shares of John Marshall Bancorp during the 1st quarter worth $243,000. Strs Ohio purchased a new position in John Marshall Bancorp in the first quarter valued at approximately $26,000. Ameritas Advisory Services LLC purchased a new stake in John Marshall Bancorp during the second quarter worth approximately $45,000. Atlantic Union Bankshares Corp acquired a new position in shares of John Marshall Bancorp during the 2nd quarter valued at $63,000. Finally, Geode Capital Management LLC increased its holdings in John Marshall Bancorp by 1.5% in the 2nd quarter. Geode Capital Management LLC now owns 295,870 shares of the company’s stock valued at $5,484,000 after purchasing an additional 4,385 shares in the last quarter. Institutional investors and hedge funds own 39.09% of the company’s stock.
About John Marshall Bancorp
John Marshall Bancorp, Inc is a bank holding company headquartered in Wake Forest, North Carolina. Through its wholly owned subsidiary, John Marshall Bank, SB, the company provides community banking services in eastern North Carolina. Its operations are centered on relationship-driven banking, serving individuals, small businesses and middle-market customers across Wake and surrounding counties.
The company offers a range of deposit products, including checking and savings accounts, money market accounts and certificates of deposit.