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

First US Bancshares, Inc. (NASDAQ:FUSBGet Rating) saw a significant drop in short interest in April. As of April 15th, there was short interest totalling 1,200 shares, a drop of 77.8% from the March 31st total of 5,400 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 8,200 shares, the short-interest ratio is presently 0.1 days.

Several hedge funds have recently added to or reduced their stakes in the company. Pinnacle Holdings LLC grew its position in shares of First US Bancshares by 44.4% in the third quarter. Pinnacle Holdings LLC now owns 52,286 shares of the financial services provider’s stock valued at $559,000 after purchasing an additional 16,086 shares during the last quarter. Synovus Financial Corp acquired a new stake in shares of First US Bancshares in the fourth quarter valued at approximately $341,000. Geode Capital Management LLC grew its position in shares of First US Bancshares by 68.5% in the third quarter. Geode Capital Management LLC now owns 21,077 shares of the financial services provider’s stock valued at $226,000 after purchasing an additional 8,570 shares during the last quarter. BlackRock Inc. grew its position in shares of First US Bancshares by 89.6% in the third quarter. BlackRock Inc. now owns 19,433 shares of the financial services provider’s stock valued at $208,000 after purchasing an additional 9,183 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in First US Bancshares by 37.5% during the third quarter. Royal Bank of Canada now owns 5,500 shares of the financial services provider’s stock worth $59,000 after acquiring an additional 1,500 shares during the last quarter. Institutional investors and hedge funds own 19.01% of the company’s stock.

Shares of First US Bancshares stock opened at $11.40 on Thursday. First US Bancshares has a 12-month low of $9.83 and a 12-month high of $12.50. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.12. The stock has a market cap of $70.19 million, a PE ratio of 17.27 and a beta of 1.52. The company has a 50-day moving average of $11.23 and a two-hundred day moving average of $11.08.

First US Bancshares (NASDAQ:FUSBGet Rating) last issued its earnings results on Thursday, January 27th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter. First US Bancshares had a net margin of 10.25% and a return on equity of 5.00%. The company had revenue of $10.13 million during the quarter.

The firm also recently declared a quarterly dividend, which was paid on Friday, April 1st. Stockholders of record on Thursday, March 10th were given a $0.03 dividend. The ex-dividend date was Wednesday, March 9th. This represents a $0.12 annualized dividend and a dividend yield of 1.05%. First US Bancshares’s dividend payout ratio is presently 18.18%.

About First US Bancshares (Get Rating)

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. It accepts deposit products, such as non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.

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