First US Bancshares, Inc. (NASDAQ:FUSB) Sees Significant Increase in Short Interest

First US Bancshares, Inc. (NASDAQ:FUSB - Get Free Report) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totalling 7,400 shares, a growth of 146.7% from the April 30th total of 3,000 shares. Based on an average daily trading volume, of 7,100 shares, the short-interest ratio is presently 1.0 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

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

First US Bancshares Price Performance

NASDAQ:FUSB remained flat at $12.88 during trading hours on Friday. 1,192 shares of the company were exchanged, compared to its average volume of 5,232. The stock has a market cap of $74.09 million, a P/E ratio of 9.68 and a beta of 0.49. First US Bancshares has a 1 year low of $8.75 and a 1 year high of $14.30. 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 stock has a 50 day moving average price of $12.87 and a 200-day moving average price of $13.01.

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 for the quarter. The firm 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 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 2.17%. The ex-dividend date is Friday, June 13th. First US Bancshares's dividend payout ratio (DPR) is currently 21.88%.

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.