MainStreet Bancshares, Inc. (NASDAQ:MNSBP) Short Interest Update

MainStreet Bancshares, Inc. (NASDAQ:MNSBP) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totalling 3,500 shares, a decline of 27.1% from the March 15th total of 4,800 shares. Based on an average daily trading volume, of 1,400 shares, the short-interest ratio is currently 2.5 days.

MainStreet Bancshares Trading Down 4.6 %

MNSBP opened at $22.90 on Friday. The company has a 50 day simple moving average of $24.27 and a two-hundred day simple moving average of $24.20. MainStreet Bancshares has a 1-year low of $21.05 and a 1-year high of $25.27.

MainStreet Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Sunday, March 30th. Investors of record on Friday, March 14th were issued a $0.4688 dividend. This represents a $1.88 annualized dividend and a yield of 8.19%. The ex-dividend date of this dividend was Friday, March 14th.

MainStreet Bancshares Company Profile

MainStreet Bancshares, Inc operates as the bank holding company for MainStreet Bank that provides various banking products and services for individuals, small to medium-sized businesses, and professional service organizations. The company offers demand, NOW, money market, savings, and sweep accounts, as well as certificates of deposit; business and consumer checking, interest-bearing checking, business account analysis, and other depository services; and cash management, wire transfer, check imaging, bill pay, remote deposit capture, and courier services.