Short Interest in MainStreet Bancshares, Inc. (NASDAQ:MNSBP) Decreases By 40.0%

MainStreet Bancshares, Inc. (NASDAQ:MNSBPGet Free Report) saw a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 900 shares, a drop of 40.0% from the January 31st total of 1,500 shares. Based on an average daily volume of 1,900 shares, the days-to-cover ratio is currently 0.5 days.

MainStreet Bancshares Trading Up 0.2 %

MNSBP traded up $0.05 on Friday, hitting $24.00. 3,702 shares of the stock were exchanged, compared to its average volume of 2,180. MainStreet Bancshares has a 12 month low of $19.35 and a 12 month high of $25.86. The business has a 50-day moving average of $23.55 and a two-hundred day moving average of $22.46.

MainStreet Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 1st. Stockholders of record on Friday, March 15th will be issued a dividend of $0.4688 per share. The ex-dividend date is Thursday, March 14th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.81%.

About MainStreet Bancshares

(Get Free Report)

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.

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