First US Bancshares, Inc. (NASDAQ:FUSB) Short Interest Update

First US Bancshares, Inc. (NASDAQ:FUSB) saw a significant increase in short interest during 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. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 3,600 shares, the short-interest ratio is presently 1.7 days.

Institutional Trading of First US Bancshares

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. UBS Group AG lifted its holdings in shares of First US Bancshares by 1,891.8% during the third quarter. UBS Group AG now owns 4,382 shares of the financial services provider’s stock worth $35,000 after buying an additional 4,162 shares during the last quarter. Jane Street Group LLC bought a new stake in First US Bancshares in the 1st quarter valued at $132,000. Northern Trust Corp bought a new stake in First US Bancshares in the 4th quarter valued at $190,000. BlackRock Inc. grew its position 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 purchasing an additional 2,411 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of First US Bancshares by 50.3% during the 2nd quarter. Geode Capital Management LLC now owns 33,599 shares of the financial services provider’s stock worth $287,000 after purchasing an additional 11,243 shares during the period. Institutional investors and hedge funds own 18.74% of the company’s stock.

First US Bancshares Stock Performance

Shares of First US Bancshares stock traded up $0.01 on Wednesday, reaching $9.60. The stock had a trading volume of 3,275 shares, compared to its average volume of 4,003. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.91 and a current ratio of 0.91. The business’s 50-day moving average price is $9.81 and its two-hundred day moving average price is $9.47. The stock has a market cap of $55.58 million, a P/E ratio of 7.21 and a beta of 0.99. First US Bancshares has a fifty-two week low of $6.61 and a fifty-two week high of $10.71.

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

First US Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Friday, March 8th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $0.20 annualized dividend and a dividend yield of 2.08%. 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.