MainStreet Bancshares (NASDAQ:MNSBP) Trading Down 0.6% – Should You Sell?

MainStreet Bancshares, Inc. (NASDAQ:MNSBP) shares traded down 0.6% during mid-day trading on Thursday . The company traded as low as $23.85 and last traded at $23.85. 518 shares were traded during trading, a decline of 83% from the average session volume of 3,001 shares. The stock had previously closed at $24.00.

MainStreet Bancshares Trading Down 0.1 %

The business’s fifty day moving average price is $23.44 and its 200 day moving average price is $22.70.

MainStreet Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were issued a $0.4688 dividend. The ex-dividend date of this dividend was Monday, September 16th. This represents a $1.88 dividend on an annualized basis and a yield of 7.87%.

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.