John Marshall Bancorp, Inc. (NASDAQ:JMSB – Get Free Report) saw a large drop in short interest in December. As of December 31st, there was short interest totalling 52,000 shares, a drop of 5.1% from the December 15th total of 54,800 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 19,700 shares, the days-to-cover ratio is presently 2.6 days.
Insider Transactions at John Marshall Bancorp
In related news, Director Lim Nguonly sold 6,000 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $24.00, for a total transaction of $144,000.00. Following the completion of the sale, the director now directly owns 66,765 shares of the company’s stock, valued at $1,602,360. This trade represents a 8.25 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 12.73% of the stock is owned by insiders.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Geode Capital Management LLC increased its position in John Marshall Bancorp by 0.8% in the third quarter. Geode Capital Management LLC now owns 285,732 shares of the company’s stock worth $5,653,000 after purchasing an additional 2,215 shares during the period. Barclays PLC grew its position in shares of John Marshall Bancorp by 272.5% during the 3rd quarter. Barclays PLC now owns 16,436 shares of the company’s stock worth $325,000 after buying an additional 12,024 shares during the period. State Street Corp raised its stake in shares of John Marshall Bancorp by 1.5% during the third quarter. State Street Corp now owns 199,299 shares of the company’s stock worth $3,942,000 after buying an additional 2,903 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of John Marshall Bancorp by 19.5% during the second quarter. Bank of New York Mellon Corp now owns 39,265 shares of the company’s stock worth $685,000 after buying an additional 6,411 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in John Marshall Bancorp in the fourth quarter valued at approximately $105,000. Institutional investors and hedge funds own 39.09% of the company’s stock.
John Marshall Bancorp Trading Down 0.2 %
About John Marshall Bancorp
John Marshall Bancorp, Inc operates as the bank holding company for John Marshall Bank that provides banking products and financial services. The company accepts checking, demand, NOW, savings, and money market accounts, as well as certificates of deposit. It offers residential and commercial construction and development loans, commercial term, mortgage, commercial real estate, industrial loans, and other commercial lines of credit; debit and credit cards; and treasury and cash management, investment, business and personal insurance, remote deposit capture, deposit sweep and online and mobile banking services.
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