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

First US Bancshares, Inc. (NASDAQ:FUSB) was the target of a large increase in short interest in the month of 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 shares are short sold. Based on an average daily trading volume, of 5,300 shares, the days-to-cover ratio is currently 1.0 days.

First US Bancshares Trading Down 3.9 %

First US Bancshares stock traded down $0.50 during mid-day trading on Friday, reaching $12.30. 2,902 shares of the company traded hands, compared to its average volume of 1,487. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.91 and a quick ratio of 0.91. First US Bancshares has a 52-week low of $8.66 and a 52-week high of $14.30. The firm has a market capitalization of $70.36 million, a price-to-earnings ratio of 9.25 and a beta of 0.92. The firm’s 50 day moving average price is $13.05 and its 200 day moving average price is $11.78.

First US Bancshares (NASDAQ:FUSB) last released its quarterly earnings results on Monday, January 27th. The financial services provider reported $0.29 earnings per share (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. Stockholders of record on Friday, December 13th were given a $0.07 dividend. The ex-dividend date was Friday, December 13th. This is an increase 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 2.28%. First US Bancshares’s dividend payout ratio is currently 21.05%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in First US Bancshares stock. Sanctuary Advisors LLC purchased a new position in First US Bancshares, Inc. (NASDAQ:FUSB) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 11,274 shares of the financial services provider’s stock, valued at approximately $125,000. Sanctuary Advisors LLC owned approximately 0.20% of First US Bancshares as of its most recent SEC filing. 18.74% of the stock is owned by hedge funds and other institutional investors.

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.