First US Bancshares, Inc. (NASDAQ:FUSB) Short Interest Up 5.3% in March

First US Bancshares, Inc. (NASDAQ:FUSB) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 6,000 shares, a growth of 5.3% from the March 15th total of 5,700 shares. Based on an average trading volume of 3,600 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On First US Bancshares

Institutional investors and hedge funds have recently made changes to their positions in the stock. Gendell Jeffrey L boosted its holdings in First US Bancshares by 0.8% during the fourth quarter. Gendell Jeffrey L now owns 291,981 shares of the financial services provider’s stock worth $3,010,000 after buying an additional 2,290 shares in the last quarter. Stilwell Value LLC raised its holdings in First US Bancshares by 16.2% during the third quarter. Stilwell Value LLC now owns 143,500 shares of the financial services provider’s stock worth $1,227,000 after purchasing an additional 20,000 shares during the last quarter. Vanguard Group Inc. boosted its position in First US Bancshares by 3.5% during the fourth quarter. Vanguard Group Inc. now owns 82,088 shares of the financial services provider’s stock worth $846,000 after purchasing an additional 2,758 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of First US Bancshares by 50.3% in the second quarter. Geode Capital Management LLC now owns 33,599 shares of the financial services provider’s stock valued at $287,000 after purchasing an additional 11,243 shares in the last quarter. Finally, BlackRock Inc. lifted its holdings in shares of First US Bancshares by 12.0% in the first quarter. BlackRock Inc. now owns 22,483 shares of the financial services provider’s stock valued at $262,000 after purchasing an additional 2,411 shares in the last quarter. 18.74% of the stock is owned by institutional investors and hedge funds.

First US Bancshares Trading Up 0.1 %

NASDAQ:FUSB opened at $9.60 on Thursday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.12. The stock’s 50 day simple moving average is $9.79 and its 200-day simple moving average is $9.47. First US Bancshares has a 12-month low of $6.61 and a 12-month high of $10.71. The firm has a market cap of $55.58 million, a P/E ratio of 7.22 and a beta of 0.99.

First US Bancshares (NASDAQ:FUSB) last released its earnings results on Thursday, January 25th. The financial services provider reported $0.36 EPS for the quarter. First US Bancshares had a net margin of 15.10% and a return on equity of 9.74%. The company had revenue of $10.03 million during the quarter.

First US Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Friday, March 8th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 2.08%. The ex-dividend date was Thursday, March 7th. First US Bancshares’s payout ratio is 15.04%.

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.