First US Bancshares, Inc. (NASDAQ:FUSB) Sees Large Growth in Short Interest

First US Bancshares, Inc. (NASDAQ:FUSB) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 5,200 shares, an increase of 33.3% from the December 15th total of 3,900 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 5,300 shares, the short-interest ratio is presently 1.0 days.

First US Bancshares Price Performance

NASDAQ:FUSB opened at $12.74 on Friday. The firm has a market capitalization of $72.87 million, a price-to-earnings ratio of 9.10 and a beta of 0.92. 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 business has a 50 day simple moving average of $12.99 and a 200-day simple moving average of $11.55. First US Bancshares has a 1 year low of $8.66 and a 1 year high of $14.30.

First US Bancshares Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 13th were given a $0.07 dividend. The ex-dividend date of this dividend was Friday, December 13th. This is an increase from First US Bancshares’s previous quarterly dividend of $0.05. This represents a $0.28 dividend on an annualized basis and a yield of 2.20%. First US Bancshares’s dividend payout ratio (DPR) is currently 20.00%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in First US Bancshares stock. Sanctuary Advisors LLC bought a new stake in shares of First US Bancshares, Inc. (NASDAQ:FUSB) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 11,274 shares of the financial services provider’s stock, valued at approximately $125,000. Sanctuary Advisors LLC owned about 0.20% of First US Bancshares as of its most recent filing with the Securities & Exchange Commission. 18.74% of the stock is owned by hedge funds and other 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.