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

First Community Bankshares, Inc. (NASDAQ:FCBC) was the recipient of 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 daily volume of 37,700 shares, the short-interest ratio is currently 3.6 days. Approximately 0.9% of the company’s stock are short sold.

First Community Bankshares Trading Down 0.0 %

FCBC stock traded down $0.01 during midday trading on Tuesday, reaching $37.68. The company had a trading volume of 3,019 shares, compared to its average volume of 35,210. The company has a 50 day moving average of $40.87 and a two-hundred day moving average of $42.52. First Community Bankshares has a 1 year low of $31.00 and a 1 year high of $49.02. The company has a market capitalization of $690.62 million, a P/E ratio of 13.26 and a beta of 0.53.

First Community Bankshares (NASDAQ:FCBC) last issued its earnings results on Tuesday, January 28th. The bank reported $0.71 EPS for the quarter. First Community Bankshares had a return on equity of 10.35% and a net margin of 27.81%.

First Community Bankshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 3.29%. The ex-dividend date of this dividend was Friday, February 14th. First Community Bankshares’s payout ratio is presently 43.66%.

Institutional Trading of First Community Bankshares

A number of institutional investors have recently added to or reduced their stakes in FCBC. Systematic Financial Management LP raised its holdings in shares of First Community Bankshares by 2.0% during the 4th quarter. Systematic Financial Management LP now owns 542,599 shares of the bank’s stock valued at $22,594,000 after purchasing an additional 10,855 shares in the last quarter. State Street Corp raised its holdings 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 buying an additional 10,166 shares in the last quarter. Northern Trust Corp lifted its position in shares of First Community Bankshares by 6.9% in the fourth quarter. Northern Trust Corp now owns 168,347 shares of the bank’s stock worth $7,010,000 after buying an additional 10,819 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of First Community Bankshares by 0.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 137,716 shares of the bank’s stock worth $5,734,000 after acquiring an additional 918 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of First Community Bankshares by 134.5% during the 4th quarter. JPMorgan Chase & Co. now owns 73,000 shares of the bank’s stock valued at $3,040,000 after acquiring an additional 41,867 shares during the last quarter. 34.95% of the stock is currently owned by institutional investors and hedge funds.

About First Community Bankshares

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.