Short Interest in MainStreet Bancshares, Inc. (NASDAQ:MNSB) Decreases By 31.5%

From MarketBeat:

MainStreet Bancshares, Inc. (NASDAQ:MNSB) experienced a sharp decrease in short interest in December, totaling 51,800 shares, a 31.5% drop from November. Institutional investors currently control 50.18% of the company’s stock, with hedge funds like BlackRock and Geode Capital Management making significant moves. The company’s stock saw a 0.1% increase, trading at $24.81 with a market cap of $186.82 million.

MainStreet Bancshares last reported earnings data in October, posting $0.77 EPS for the quarter, in line with analysts’ estimates. The company had a net margin of 24.05% and a return on equity of 16.15%. Revenue for the quarter was $32.66 million, surpassing analysts’ consensus estimate of $21.14 million. Moving forward, the company is forecasted to post 3.37 EPS for the current fiscal year.

The company also announced a quarterly dividend of $0.10 per share, representing a $0.40 annualized dividend and a yield of 1.61%. MainStreet Bancshares’s dividend payout ratio (DPR) is currently 11.17%.

MainStreet Bancshares, Inc. is a banking organization that provides various banking products and services for individuals, businesses, and professional service organizations. Services offered include various accounts, depository services, cash management, wire transfers, and more. For more detailed infomration, request their latest report.

While MainStreet Bancshares currently has a “Hold” rating among analysts, top-rated analysts believe there are better buys among the five stocks they are currently recommending. Visit MarketBeat to see which five stocks top analysts are advising to buy now before the market catches on.



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