First US Bancshares, Inc. (NASDAQ:FUSB) Short Interest Update

First US Bancshares, Inc. (NASDAQ:FUSB) saw a significant 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. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 5,300 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of First US Bancshares

A hedge fund recently raised its stake in First US Bancshares stock. Geode Capital Management LLC increased its position in First US Bancshares, Inc. (NASDAQ:FUSB) by 13.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 52,713 shares of the financial services provider’s stock after purchasing an additional 6,325 shares during the quarter. Geode Capital Management LLC owned approximately 0.92% of First US Bancshares worth $611,000 as of its most recent SEC filing. Institutional investors and hedge funds own 18.74% of the company’s stock.

First US Bancshares Stock Down 1.7 %

First US Bancshares stock opened at $12.74 on Friday. 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 1-year low of $8.66 and a 1-year high of $14.30. The company has a fifty day simple moving average of $12.99 and a 200 day simple moving average of $11.55. The company has a market cap of $72.87 million, a P/E ratio of 9.10 and a beta of 0.92.

First US Bancshares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, December 13th were issued a $0.07 dividend. This is a boost 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 dividend yield of 2.20%. First US Bancshares’s dividend payout ratio (DPR) is presently 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.