First Community Bankshares, Inc. (NASDAQ:FCBC) Short Interest Update

First Community Bankshares, Inc. (NASDAQ:FCBC - Get Free Report) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 137,000 shares, a growth of 31.5% from the February 28th total of 104,200 shares. Based on an average trading volume of 37,700 shares, the days-to-cover ratio is presently 3.6 days. Approximately 0.9% of the company's shares are short sold.

Hedge Funds Weigh In On First Community Bankshares

Several hedge funds have recently made changes to their positions in the business. Charles Schwab Investment Management Inc. lifted its position in First Community Bankshares by 1.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 136,798 shares of the bank's stock worth $5,903,000 after buying an additional 2,605 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in First Community Bankshares during the third quarter worth about $372,000. State Street Corp boosted its position in First Community Bankshares by 2.5% during the third quarter. State Street Corp now owns 424,564 shares of the bank's stock valued at $18,320,000 after purchasing an additional 10,166 shares during the last quarter. Barclays PLC grew its stake in First Community Bankshares by 219.6% in the third quarter. Barclays PLC now owns 29,709 shares of the bank's stock valued at $1,282,000 after purchasing an additional 20,412 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in shares of First Community Bankshares by 11.8% during the 3rd quarter. Franklin Resources Inc. now owns 10,950 shares of the bank's stock worth $475,000 after purchasing an additional 1,158 shares during the last quarter. 34.95% of the stock is owned by institutional investors.

First Community Bankshares Trading Up 2.3 %

Shares of NASDAQ FCBC traded up $0.83 during mid-day trading on Friday, reaching $36.21. 70,722 shares of the company's stock were exchanged, compared to its average volume of 35,599. The business has a fifty day simple moving average of $40.48 and a 200 day simple moving average of $42.35. First Community Bankshares has a twelve month low of $31.00 and a twelve month high of $49.02. The firm has a market capitalization of $663.62 million, a price-to-earnings ratio of 12.75 and a beta of 0.52.

First Community Bankshares (NASDAQ:FCBC - Get Free Report) last announced its quarterly earnings results on Tuesday, January 28th. The bank reported $0.71 earnings per share for the quarter. First Community Bankshares had a net margin of 27.81% and a return on equity of 10.35%.

First Community Bankshares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a $0.31 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.42%. First Community Bankshares's dividend payout ratio (DPR) is 43.66%.

First Community Bankshares Company Profile

First Community Bankshares, Inc operates as the financial holding company for First Community Bank that provides various banking products and services. It offers demand deposit accounts, savings and money market accounts, certificates of deposit, and individual retirement plans; and commercial, consumer real estate, and consumer and other loans.