First US Bancshares, Inc. (NASDAQ:FUSB) Short Interest Update

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

Hedge Funds Weigh In On First US Bancshares

A hedge fund recently bought a new stake in First US Bancshares stock. Sanctuary Advisors LLC bought a new stake in First US Bancshares, Inc. (NASDAQ:FUSB) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,274 shares of the financial services provider’s stock, valued at approximately $125,000. Sanctuary Advisors LLC owned 0.20% of First US Bancshares at the end of the most recent quarter. 18.74% of the stock is currently owned by hedge funds and other institutional investors.

First US Bancshares Price Performance

First US Bancshares stock opened at $12.74 on Friday. The business has a 50-day moving average of $12.99 and a 200-day moving average of $11.55. First US Bancshares has a 1 year low of $8.66 and a 1 year high of $14.30. The firm has a market capitalization of $72.87 million, a P/E ratio of 9.10 and a beta of 0.92. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.11.

First US Bancshares Increases Dividend

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

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.