Short Interest in First US Bancshares, Inc. (NASDAQ:FUSB) Expands By 5.3%

First US Bancshares, Inc. (NASDAQ:FUSB) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 6,000 shares, an increase of 5.3% from the March 15th total of 5,700 shares. Based on an average daily volume of 3,600 shares, the short-interest ratio is currently 1.7 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On First US Bancshares

A number of hedge funds have recently modified their holdings of the business. Gendell Jeffrey L grew its holdings in First US Bancshares by 0.8% during the fourth quarter. Gendell Jeffrey L now owns 291,981 shares of the financial services provider’s stock valued at $3,010,000 after purchasing an additional 2,290 shares during the period. BlackRock Inc. increased its holdings in First US Bancshares by 12.0% in the 1st quarter. BlackRock Inc. now owns 22,483 shares of the financial services provider’s stock worth $262,000 after acquiring an additional 2,411 shares in the last quarter. Vanguard Group Inc. raised its stake in First US Bancshares by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 82,088 shares of the financial services provider’s stock worth $846,000 after acquiring an additional 2,758 shares during the period. UBS Group AG raised its stake in First US Bancshares by 1,891.8% during the 3rd quarter. UBS Group AG now owns 4,382 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 4,162 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in First US Bancshares by 50.3% during the second quarter. Geode Capital Management LLC now owns 33,599 shares of the financial services provider’s stock valued at $287,000 after purchasing an additional 11,243 shares in the last quarter. Institutional investors own 18.74% of the company’s stock.

First US Bancshares Price Performance

NASDAQ FUSB opened at $9.60 on Thursday. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.91 and a quick ratio of 0.91. First US Bancshares has a 1-year low of $6.61 and a 1-year high of $10.71. The stock has a market capitalization of $55.58 million, a price-to-earnings ratio of 7.22 and a beta of 0.99. The business’s fifty day moving average price is $9.79 and its 200-day moving average price is $9.47.

First US Bancshares (NASDAQ:FUSB) last announced its earnings results on Thursday, January 25th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter. First US Bancshares had a return on equity of 9.74% and a net margin of 15.10%. The business had revenue of $10.03 million for the quarter.

First US Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 1st. Stockholders of record on Friday, March 8th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 2.08%. The ex-dividend date of this dividend was Thursday, March 7th. First US Bancshares’s dividend payout ratio is presently 15.04%.

First US Bancshares Company Profile

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.