FSB Bancorp Inc (NASDAQ:FSBC) Sees Significant Decline in Short Interest

FSB Bancorp Inc (NASDAQ:FSBC) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 100 shares, a decrease of 75.0% from the July 31st total of 400 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 1,400 shares, the days-to-cover ratio is currently 0.1 days.

NASDAQ:FSBC traded up $0.08 on Friday, hitting $17.15. The company has a quick ratio of 1.22, a current ratio of 1.23 and a debt-to-equity ratio of 1.79. The stock has a 50-day simple moving average of $17.43 and a 200 day simple moving average of $17.64. FSB Bancorp has a 1-year low of $15.96 and a 1-year high of $19.33.

Separately, ValuEngine lowered FSB Bancorp from a “hold” rating to a “sell” rating in a research note on Tuesday, August 6th.

About FSB Bancorp

FSB Bancorp, Inc operates as the bank holding company for Fairport Savings Bank that provides various financial services to individuals and corporate customers in Monroe County, New York. The company accepts savings, negotiable order of withdrawal, money market, and individual retirement accounts, as well as certificates of deposit and non-interest-bearing demand deposits.

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