Short Interest in John Marshall Bancorp, Inc. (NASDAQ:JMSB) Declines By 23.7%

John Marshall Bancorp, Inc. (NASDAQ:JMSB) was the target of a large drop in short interest in December. As of December 31st, there was short interest totaling 76,203 shares, a drop of 23.7% from the December 15th total of 99,937 shares. Based on an average trading volume of 17,017 shares, the days-to-cover ratio is presently 4.5 days. Currently, 0.6% of the company’s stock are short sold. Currently, 0.6% of the company’s stock are short sold. Based on an average trading volume of 17,017 shares, the days-to-cover ratio is presently 4.5 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of John Marshall Bancorp in a research note on Monday, December 29th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $22.00.

Institutional Investors Weigh In On John Marshall Bancorp

A number of hedge funds have recently made changes to their positions in the business. FJ Capital Management LLC boosted its holdings in shares of John Marshall Bancorp by 4.0% in the 3rd quarter. FJ Capital Management LLC now owns 429,908 shares of the company’s stock worth $8,521,000 after buying an additional 16,555 shares during the last quarter. Evermay Wealth Management LLC raised its position in John Marshall Bancorp by 4.3% in the third quarter. Evermay Wealth Management LLC now owns 348,424 shares of the company’s stock worth $6,906,000 after acquiring an additional 14,444 shares during the period. Geode Capital Management LLC boosted its stake in John Marshall Bancorp by 1.5% in the second quarter. Geode Capital Management LLC now owns 295,870 shares of the company’s stock valued at $5,484,000 after acquiring an additional 4,385 shares during the last quarter. Fourthstone LLC purchased a new position in John Marshall Bancorp in the second quarter valued at about $1,535,000. Finally, Rhino Investment Partners Inc bought a new position in shares of John Marshall Bancorp during the 3rd quarter valued at approximately $807,000. 39.09% of the stock is currently owned by institutional investors.

John Marshall Bancorp Stock Down 0.8%

JMSB stock traded down $0.16 during trading on Monday, reaching $19.82. The stock had a trading volume of 13,322 shares, compared to its average volume of 14,149. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $281.05 million, a price-to-earnings ratio of 14.06 and a beta of 0.68. John Marshall Bancorp has a one year low of $13.81 and a one year high of $21.58. The company’s 50 day moving average is $20.02 and its two-hundred day moving average is $19.64.

John Marshall Bancorp (NASDAQ:JMSB) last announced its earnings results on Wednesday, October 29th. The company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.01. The firm had revenue of $15.94 million for the quarter, compared to the consensus estimate of $15.88 million. John Marshall Bancorp had a return on equity of 7.93% and a net margin of 17.62%.

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.