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

MainStreet Bancshares, Inc. (NASDAQ:MNSBP) saw a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 4,100 shares, a drop of 24.1% from the November 15th total of 5,400 shares. Based on an average daily volume of 3,000 shares, the days-to-cover ratio is currently 1.4 days.

MainStreet Bancshares Stock Performance

MainStreet Bancshares stock traded down $0.32 during trading hours on Friday, hitting $23.90. 1,013 shares of the stock traded hands, compared to its average volume of 2,944. MainStreet Bancshares has a one year low of $21.05 and a one year high of $25.03. The firm’s 50-day moving average price is $24.08 and its two-hundred day moving average price is $23.07.

MainStreet Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Friday, December 13th will be issued a dividend of $0.4688 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.88 annualized dividend and a dividend yield of 7.85%.

About MainStreet Bancshares

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.