First US Bancshares, Inc. (NASDAQ:FUSB) Short Interest Up 33.3% in December

First US Bancshares, Inc. (NASDAQ:FUSB - Get Free Report) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 5,200 shares, a growth of 33.3% from the December 15th total of 3,900 shares. Based on an average daily volume of 5,300 shares, the short-interest ratio is presently 1.0 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in First US Bancshares stock. Geode Capital Management LLC raised its holdings in First US Bancshares, Inc. (NASDAQ:FUSB - Free Report) by 13.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 52,713 shares of the financial services provider's stock after buying an additional 6,325 shares during the quarter. Geode Capital Management LLC owned 0.92% of First US Bancshares worth $611,000 as of its most recent SEC filing. 18.74% of the stock is currently owned by institutional investors.

First US Bancshares Stock Performance

NASDAQ:FUSB traded down $0.22 during trading hours on Friday, hitting $12.74. 582 shares of the company traded hands, compared to its average volume of 2,811. The company has a current ratio of 0.91, a quick 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 firm has a 50-day moving average of $12.99 and a 200 day moving average of $11.58. The stock has a market capitalization of $72.87 million, a price-to-earnings ratio of 9.10 and a beta of 0.92.

First US Bancshares Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, December 13th were given a dividend of $0.07 per share. The ex-dividend date was Friday, December 13th. This is a boost from First US Bancshares's previous quarterly dividend of $0.05. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.20%. First US Bancshares's payout ratio is currently 20.00%.

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.