First Bancshares Inc. (OTCMKTS:FBSI) Sees Large Growth in Short Interest

First Bancshares Inc. (OTCMKTS:FBSIGet Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 607 shares, a growth of 467.3% from the April 30th total of 107 shares. Based on an average daily volume of 938 shares, the short-interest ratio is currently 0.6 days. Approximately 0.0% of the company’s stock are sold short.

First Bancshares Price Performance

Shares of FBSI stock remained flat at $32.70 during trading hours on Friday. The company’s 50-day moving average price is $32.01 and its two-hundred day moving average price is $32.42. First Bancshares has a 12 month low of $26.12 and a 12 month high of $35.96. The firm has a market cap of $78.81 million, a PE ratio of 9.82 and a beta of 0.11.

First Bancshares (OTCMKTS:FBSIGet Free Report) last released its quarterly earnings data on Friday, April 10th. The financial services provider reported $0.88 EPS for the quarter. The business had revenue of $6.99 million for the quarter.

About First Bancshares

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First Bancshares, Inc (OTCMKTS:FBSI) is a bank holding company headquartered in Jackson, Tennessee. Through its primary subsidiary, First Bank, the company provides a full suite of commercial and retail banking services designed to meet the needs of individuals, small- and medium-sized businesses and municipalities.

First Bank’s core offerings include deposit products such as checking, savings and money market accounts, along with business and consumer lending solutions that encompass lines of credit, term loans, mortgage financing and construction loans.

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