First Us Bancsh (NASDAQ:FUSB) Short Interest Update

First Us Bancsh (NASDAQ:FUSB - Get Free Report) saw a significant decrease in short interest in May. As of May 31st, there was short interest totalling 3,500 shares, a decrease of 52.7% from the May 15th total of 7,400 shares. Based on an average daily volume of 6,800 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the stock are sold short.

First Us Bancsh Price Performance

FUSB stock traded up $0.32 during trading on Tuesday, hitting $12.87. 1,348 shares of the company's stock traded hands, compared to its average volume of 4,992. First Us Bancsh has a 52 week low of $8.75 and a 52 week high of $14.30. The stock has a market capitalization of $74.00 million, a price-to-earnings ratio of 10.05 and a beta of 0.49. The business has a fifty day simple moving average of $12.73 and a 200 day simple moving average of $13.01. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.90 and a current ratio of 0.90.

First Us Bancsh (NASDAQ:FUSB - Get Free Report) last announced its earnings results on Wednesday, April 30th. The financial services provider reported $0.29 earnings per share (EPS) for the quarter. First Us Bancsh had a net margin of 12.72% and a return on equity of 7.99%. The firm had revenue of $9.77 million for the quarter.

First Us Bancsh Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 2.18%. The ex-dividend date is Friday, June 13th. First Us Bancsh's payout ratio is 21.88%.

Hedge Funds Weigh In On First Us Bancsh

An institutional investor recently raised its position in First Us Bancsh stock. Northern Trust Corp increased its stake in First Us Bancsh (NASDAQ:FUSB - Free Report) by 54.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,644 shares of the financial services provider's stock after buying an additional 8,690 shares during the quarter. Northern Trust Corp owned about 0.43% of First Us Bancsh worth $310,000 as of its most recent SEC filing. 18.74% of the stock is currently owned by institutional investors and hedge funds.

About First Us Bancsh

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.