First US Bancshares, Inc. (NASDAQ:FUSB) Sees Large Growth in Short Interest

First US Bancshares, Inc. (NASDAQ:FUSB - Get Free Report) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 5,200 shares, an increase of 33.3% from the December 31st total of 3,900 shares. Currently, 0.1% of the company's stock are short sold. Based on an average daily trading volume, of 5,300 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of First US Bancshares

An institutional investor recently raised its position in First US Bancshares stock. Geode Capital Management LLC increased its position in shares of First US Bancshares, Inc. (NASDAQ:FUSB - Free Report) by 13.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 52,713 shares of the financial services provider's stock after purchasing an additional 6,325 shares during the period. Geode Capital Management LLC owned about 0.92% of First US Bancshares worth $611,000 at the end of the most recent reporting period. 18.74% of the stock is owned by institutional investors and hedge funds.

First US Bancshares Stock Performance

FUSB stock traded up $0.06 during midday trading on Monday, hitting $12.36. 3,649 shares of the company traded hands, compared to its average volume of 1,721. The business has a 50 day simple moving average of $13.05 and a 200-day simple moving average of $11.81. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.11. First US Bancshares has a twelve month low of $8.66 and a twelve month high of $14.30. The stock has a market capitalization of $70.70 million, a price-to-earnings ratio of 9.29 and a beta of 0.92.

First US Bancshares (NASDAQ:FUSB - Get Free Report) last announced its earnings results on Monday, January 27th. The financial services provider reported $0.29 EPS for the quarter. First US Bancshares had a net margin of 13.21% and a return on equity of 8.61%.

First US Bancshares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 13th were paid a dividend of $0.07 per share. This is an increase from First US Bancshares's previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.28 annualized dividend and a yield of 2.27%. First US Bancshares's dividend payout ratio is presently 21.05%.

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.