United Security Bancshares (NASDAQ:UBFO - Get Free Report) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 39,500 shares, a growth of 18.6% from the February 13th total of 33,300 shares. Based on an average daily volume of 26,200 shares, the short-interest ratio is presently 1.5 days. Currently, 0.3% of the company's stock are short sold.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in UBFO. Fourthstone LLC increased its holdings in shares of United Security Bancshares by 87.3% in the 4th quarter. Fourthstone LLC now owns 321,245 shares of the financial services provider's stock valued at $3,206,000 after acquiring an additional 149,705 shares during the last quarter. Susquehanna International Group LLP increased its holdings in shares of United Security Bancshares by 242.4% in the 4th quarter. Susquehanna International Group LLP now owns 155,563 shares of the financial services provider's stock valued at $1,571,000 after acquiring an additional 110,128 shares during the last quarter. Rhino Investment Partners Inc purchased a new position in shares of United Security Bancshares in the 4th quarter valued at about $845,000. Cerity Partners LLC purchased a new position in shares of United Security Bancshares in the 4th quarter valued at about $534,000. Finally, 683 Capital Management LLC purchased a new position in shares of United Security Bancshares in the 4th quarter valued at about $367,000. Hedge funds and other institutional investors own 30.88% of the company's stock.
United Security Bancshares Stock Down 1.0 %
UBFO stock traded down $0.09 during mid-day trading on Friday, reaching $8.95. The company had a trading volume of 22,329 shares, compared to its average volume of 23,211. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.92 and a current ratio of 0.92. The company has a market capitalization of $155.04 million, a price-to-earnings ratio of 10.41 and a beta of 0.54. The firm has a fifty day simple moving average of $9.62 and a 200 day simple moving average of $9.34. United Security Bancshares has a fifty-two week low of $7.02 and a fifty-two week high of $10.49.
United Security Bancshares (NASDAQ:UBFO - Get Free Report) last posted its quarterly earnings results on Monday, January 27th. The financial services provider reported $0.15 earnings per share (EPS) for the quarter. United Security Bancshares had a return on equity of 11.54% and a net margin of 22.58%.
About United Security Bancshares
(
Get Free Report)
United Security Bancshares operates as the bank holding company for United Security Bank, a state-chartered bank that provides a range of commercial banking services to the business and professional community, and individuals in California. The company accepts various deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit.
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