MainStreet Bancshares, Inc. (NASDAQ:MNSBP) Short Interest Down 24.1% in November

MainStreet Bancshares, Inc. (NASDAQ:MNSBP) was the target of a large decrease in short interest in November. As of November 30th, there was short interest totalling 4,100 shares, a decrease 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 Down 3.2 %

NASDAQ:MNSBP opened at $23.90 on Monday. The company has a 50-day moving average price of $24.08 and a 200-day moving average price of $23.08. MainStreet Bancshares has a 12 month low of $21.05 and a 12 month high of $25.03.

MainStreet Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Friday, December 13th will be issued a $0.4688 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.88 annualized dividend and a 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.