First US Bancshares, Inc. (NASDAQ:FUSB) Short Interest Up 5.3% in March

First US Bancshares, Inc. (NASDAQ:FUSB) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 6,000 shares, an increase of 5.3% from the March 15th total of 5,700 shares. Based on an average trading volume of 3,600 shares, the short-interest ratio is currently 1.7 days. Currently, 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On First US Bancshares

A number of hedge funds have recently made changes to their positions in FUSB. Gendell Jeffrey L lifted its holdings in First US Bancshares by 0.8% during the 4th quarter. Gendell Jeffrey L now owns 291,981 shares of the financial services provider’s stock worth $3,010,000 after buying an additional 2,290 shares in the last quarter. Stilwell Value LLC lifted its holdings in First US Bancshares by 16.2% during the 3rd quarter. Stilwell Value LLC now owns 143,500 shares of the financial services provider’s stock worth $1,227,000 after buying an additional 20,000 shares in the last quarter. Vanguard Group Inc. lifted its holdings in First US Bancshares by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 82,088 shares of the financial services provider’s stock worth $846,000 after buying an additional 2,758 shares in the last quarter. Geode Capital Management LLC lifted its holdings in First US Bancshares by 50.3% during the 2nd quarter. Geode Capital Management LLC now owns 33,599 shares of the financial services provider’s stock worth $287,000 after buying an additional 11,243 shares in the last quarter. Finally, BlackRock Inc. lifted its holdings in First US Bancshares by 12.0% during the 1st quarter. BlackRock Inc. now owns 22,483 shares of the financial services provider’s stock worth $262,000 after buying an additional 2,411 shares in the last quarter. Hedge funds and other institutional investors own 18.74% of the company’s stock.

First US Bancshares Price Performance

FUSB stock traded down $0.39 during mid-day trading on Tuesday, reaching $9.59. The company’s stock had a trading volume of 2,830 shares, compared to its average volume of 4,014. The company’s 50 day moving average is $9.83 and its two-hundred day moving average is $9.46. First US Bancshares has a fifty-two week low of $6.61 and a fifty-two week high of $10.71. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.12. The stock has a market cap of $55.53 million, a PE ratio of 7.50 and a beta of 0.99.

First US Bancshares (NASDAQ:FUSB) last posted its quarterly earnings results on Thursday, January 25th. The financial services provider reported $0.36 earnings per share for the quarter. First US Bancshares had a net margin of 15.10% and a return on equity of 9.74%. The business had revenue of $10.03 million during the quarter.

First US Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Friday, March 8th were given a dividend of $0.05 per share. The ex-dividend date was Thursday, March 7th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.09%. First US Bancshares’s payout ratio is currently 15.04%.

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.