MainStreet Bancshares, Inc. (NASDAQ:MNSBP – Get Free Report) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 4,694 shares, an increase of 78.9% from the April 30th total of 2,624 shares. Based on an average daily trading volume, of 1,389 shares, the short-interest ratio is presently 3.4 days.
MainStreet Bancshares Trading Up 0.8%
Shares of MainStreet Bancshares stock opened at $25.20 on Tuesday. The company’s fifty day simple moving average is $25.01 and its 200-day simple moving average is $24.82. MainStreet Bancshares has a 1-year low of $23.06 and a 1-year high of $28.25.
MainStreet Bancshares Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend is Monday, June 15th.
About MainStreet Bancshares
MainStreet Bancshares, Inc is a bank holding company headquartered in Stanwood, Washington, that provides commercial and consumer banking services through its subsidiary, MainStreet Bank. The company’s core activities include deposit-taking, lending, and treasury management, with an emphasis on personalized customer relationships. Through branch offices and digital channels, MainStreet Bancshares aims to serve small to mid-sized businesses, professionals, and individuals across its markets.
MainStreet Bancshares offers a range of deposit products, including checking accounts, savings accounts, money market accounts, certificates of deposit and individual retirement accounts.
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