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

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

First US Bancshares Stock Performance

Shares of FUSB opened at $12.74 on Friday. The business has a 50-day simple moving average of $12.99 and a two-hundred day simple moving average of $11.55. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.11. First US Bancshares has a 52 week low of $8.66 and a 52 week high of $14.30. The stock has a market cap of $72.87 million, a price-to-earnings ratio of 9.10 and a beta of 0.92.

First US Bancshares Increases Dividend

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

Institutional Investors Weigh In On First US Bancshares

An institutional investor recently bought a new position in First US Bancshares stock. Sanctuary Advisors LLC bought a new stake in shares of First US Bancshares, Inc. (NASDAQ:FUSB) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 11,274 shares of the financial services provider’s stock, valued at approximately $125,000. Sanctuary Advisors LLC owned approximately 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 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.