First Bancshares Inc. (OTCMKTS:FBSI) Short Interest Down 97.8% in July

First Bancshares Inc. (OTCMKTS:FBSIGet Free Report) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 5 shares, a drop of 97.8% from the July 15th total of 225 shares. Based on an average trading volume of 702 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

First Bancshares Stock Performance

Shares of FBSI stock remained flat at $34.10 during trading hours on Thursday. 250 shares of the stock traded hands, compared to its average volume of 369. First Bancshares has a 1-year low of $26.14 and a 1-year high of $35.96. The business’s 50-day moving average price is $32.28 and its two-hundred day moving average price is $32.30. The stock has a market cap of $82.18 million, a price-to-earnings ratio of 9.83 and a beta of 0.14.

First Bancshares (OTCMKTS:FBSIGet Free Report) last released its quarterly earnings data on Friday, July 24th. The financial services provider reported $0.89 EPS for the quarter. The firm had revenue of $7.40 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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