Short Interest in First US Bancshares, Inc. (NASDAQ:FUSB) Increases By 38.5%

First US Bancshares, Inc. (NASDAQ:FUSB) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 5,400 shares, a growth of 38.5% from the January 15th total of 3,900 shares. Based on an average daily trading volume, of 3,600 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.1% of the shares of the company are short sold.

First US Bancshares Stock Performance

Shares of FUSB traded up $0.56 during trading hours on Friday, reaching $13.51. 3,681 shares of the company’s stock traded hands, compared to its average volume of 1,561. First US Bancshares has a twelve month low of $8.66 and a twelve month high of $14.30. The business’s fifty day simple moving average is $12.97 and its two-hundred day simple moving average is $11.98. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.91 and a quick ratio of 0.91. The firm has a market capitalization of $77.28 million, a price-to-earnings ratio of 10.16 and a beta of 0.92.

First US Bancshares (NASDAQ:FUSB) last issued its quarterly earnings results on Monday, January 27th. The financial services provider reported $0.29 earnings per share 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 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. This is a positive change from First US Bancshares’s previous quarterly dividend of $0.05. The ex-dividend date was Friday, December 13th. This represents a $0.28 annualized dividend and a dividend yield of 2.07%. First US Bancshares’s dividend payout ratio (DPR) is 21.05%.

Institutional Trading of First US Bancshares

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Sanctuary Advisors LLC bought a new position in shares of First US Bancshares in the third quarter valued at $125,000. Northern Trust Corp lifted its stake in First US Bancshares by 54.5% during the fourth quarter. Northern Trust Corp now owns 24,644 shares of the financial services provider’s stock valued at $310,000 after buying an additional 8,690 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of First US Bancshares by 13.6% in the third quarter. Geode Capital Management LLC now owns 52,713 shares of the financial services provider’s stock worth $611,000 after buying an additional 6,325 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of First US Bancshares by 11.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 31,761 shares of the financial services provider’s stock worth $398,000 after acquiring an additional 3,176 shares in the last quarter. 18.74% of the stock is currently owned by 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.