MainStreet Bancshares, Inc. (NASDAQ:MNSBP) Short Interest Down 15.5% in December

MainStreet Bancshares, Inc. (NASDAQ:MNSBP) saw a large decrease in short interest during the month of 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 Trading Up 0.8 %

Shares of NASDAQ MNSBP traded up $0.20 during mid-day trading on Thursday, hitting $24.58. 227 shares of the company traded hands, compared to its average volume of 547. MainStreet Bancshares has a 1 year low of $21.05 and a 1 year high of $25.03. The business has a 50 day moving average of $24.14 and a two-hundred day moving average of $23.35.

MainStreet Bancshares Announces Dividend

The company 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. This represents a $1.88 annualized dividend and a dividend yield of 7.63%. The ex-dividend date was Friday, December 13th.

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.