John Marshall Bancorp, Inc. (NASDAQ:JMSB) Short Interest Up 30.9% in January

John Marshall Bancorp, Inc. (NASDAQ:JMSB) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 99,732 shares, a growth of 30.9% from the December 31st total of 76,203 shares. Based on an average daily trading volume, of 18,591 shares, the short-interest ratio is currently 5.4 days. Currently, 0.8% of the shares of the stock are short sold. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 18,591 shares, the short-interest ratio is currently 5.4 days.

Wall Street Analysts Forecast Growth

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 stock. According to MarketBeat, John Marshall Bancorp currently has an average rating of “Moderate Buy” and an average target price of $22.00.

John Marshall Bancorp Stock Performance

Shares of NASDAQ JMSB traded up $0.29 during midday trading on Monday, reaching $20.93. The company’s stock had a trading volume of 24,319 shares, compared to its average volume of 20,185. The firm has a 50 day moving average price of $20.18 and a 200-day moving average price of $19.73. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a market capitalization of $296.70 million, a P/E ratio of 13.95 and a beta of 0.68. John Marshall Bancorp has a 12-month low of $13.81 and a 12-month high of $21.58.

John Marshall Bancorp (NASDAQ:JMSB) last posted its quarterly earnings results on Wednesday, January 28th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.03. John Marshall Bancorp had a return on equity of 8.31% and a net margin of 18.41%.The company had revenue of $16.35 million during the quarter, compared to the consensus estimate of $16.54 million.

John Marshall Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 11th will be given a dividend of $0.09 per share. The ex-dividend date is Wednesday, February 11th. This represents a $0.36 annualized dividend and a yield of 1.7%. John Marshall Bancorp’s payout ratio is presently 24.00%.

Institutional Trading of John Marshall Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the stock. FJ Capital Management LLC boosted its holdings in shares of John Marshall Bancorp by 29.1% during the second quarter. FJ Capital Management LLC now owns 413,353 shares of the company’s stock worth $7,659,000 after purchasing an additional 93,226 shares during the period. Fourthstone LLC purchased a new position in John Marshall Bancorp in the 2nd quarter worth about $1,535,000. Rhino Investment Partners Inc purchased a new stake in John Marshall Bancorp in the third quarter worth approximately $807,000. Snowden Capital Advisors LLC purchased a new position in John Marshall Bancorp in the second quarter worth about $396,000. Finally, Wealth Enhancement Advisory Services LLC bought a new position in John Marshall Bancorp in the fourth quarter worth approximately $324,000. Institutional investors own 39.09% of the company’s stock.

John Marshall Bancorp Company Profile

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.