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

First US Bancshares, Inc. (NASDAQ:FUSB - Get Free Report) was the recipient of a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 3,500 shares, a decline of 52.7% from the May 15th total of 7,400 shares. Currently, 0.1% of the company's stock are short sold. Based on an average daily trading volume, of 6,800 shares, the short-interest ratio is currently 0.5 days.

First US Bancshares Stock Up 1.2%

Shares of FUSB stock traded up $0.16 during trading on Friday, hitting $12.76. 786 shares of the company were exchanged, compared to its average volume of 5,062. The business's 50-day simple moving average is $12.73 and its 200 day simple moving average is $13.02. First US Bancshares has a twelve month low of $8.75 and a twelve month high of $14.30. The firm has a market capitalization of $73.37 million, a price-to-earnings ratio of 9.59 and a beta of 0.49. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.91 and a current ratio of 0.91.

First US Bancshares (NASDAQ:FUSB - Get Free Report) last issued its earnings results on Wednesday, April 30th. The financial services provider reported $0.29 earnings per share (EPS) for the quarter. The company had revenue of $9.77 million during the quarter. First US Bancshares had a net margin of 13.21% and a return on equity of 8.61%.

First US Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, June 13th will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 2.20%. The ex-dividend date of this dividend is Friday, June 13th. First US Bancshares's payout ratio is 21.88%.

Institutional Investors Weigh In On First US Bancshares

A hedge fund recently raised its stake in First US Bancshares stock. Northern Trust Corp lifted its stake in First US Bancshares, Inc. (NASDAQ:FUSB - Free Report) by 54.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,644 shares of the financial services provider's stock after buying an additional 8,690 shares during the period. Northern Trust Corp owned about 0.43% of First US Bancshares worth $310,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 18.74% of the company's stock.

About First US Bancshares

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.

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