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

MainStreet Bancshares, Inc. (NASDAQ:MNSBP) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 4,900 shares, a decrease of 15.5% from the December 15th total of 5,800 shares. Based on an average trading volume of 1,400 shares, the short-interest ratio is presently 3.5 days.

MainStreet Bancshares Stock Down 0.2 %

Shares of NASDAQ:MNSBP traded down $0.05 on Friday, reaching $24.53. 1,937 shares of the company’s stock were exchanged, compared to its average volume of 717. The business’s 50-day moving average is $24.16 and its two-hundred day moving average is $23.36. MainStreet Bancshares has a fifty-two week low of $21.05 and a fifty-two week high of $25.03.

MainStreet Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were issued a $0.4688 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.88 dividend on an annualized basis and a yield of 7.64%.

About MainStreet Bancshares

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.