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

MainStreet Bancshares, Inc. (NASDAQ:MNSBP) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 1,600 shares, a growth of 700.0% from the February 29th total of 200 shares. Based on an average daily trading volume, of 2,000 shares, the short-interest ratio is currently 0.8 days.

MainStreet Bancshares Stock Performance

MNSBP traded up $0.02 during trading on Thursday, hitting $23.77. The stock had a trading volume of 504 shares, compared to its average volume of 2,091. MainStreet Bancshares has a 12 month low of $19.35 and a 12 month high of $25.03. The company has a 50 day simple moving average of $23.82 and a 200-day simple moving average of $22.60.

MainStreet Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 1st. Stockholders of record on Friday, March 15th will be given a dividend of $0.4688 per share. The ex-dividend date is Thursday, March 14th. This represents a $1.88 annualized dividend and a dividend yield of 7.89%.

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.