First Us Bancsh (NASDAQ:FUSB) Short Interest Down 28.7% in December

First Us Bancsh (NASDAQ:FUSB) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 4,637 shares, a decrease of 28.7% from the November 30th total of 6,503 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 10,298 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 10,298 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the company’s shares are short sold.

Insiders Place Their Bets

In other First Us Bancsh news, Director Robert C. Field bought 4,000 shares of the business’s stock in a transaction on Tuesday, November 25th. The stock was bought at an average price of $13.71 per share, with a total value of $54,840.00. Following the completion of the purchase, the director directly owned 4,000 shares in the company, valued at $54,840. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders purchased 11,310 shares of company stock valued at $153,954 in the last ninety days. Corporate insiders own 11.24% of the company’s stock.

Institutional Investors Weigh In On First Us Bancsh

Large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its position in shares of First Us Bancsh by 37.3% during the 3rd quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider’s stock worth $193,000 after acquiring an additional 4,365 shares in the last quarter. Geode Capital Management LLC lifted its stake in First Us Bancsh by 2.8% during the second quarter. Geode Capital Management LLC now owns 56,964 shares of the financial services provider’s stock worth $735,000 after purchasing an additional 1,526 shares during the last quarter. Finally, Gendell Jeffrey L boosted its holdings in First Us Bancsh by 4.2% in the second quarter. Gendell Jeffrey L now owns 377,741 shares of the financial services provider’s stock valued at $4,873,000 after purchasing an additional 15,301 shares in the last quarter. 18.74% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of First Us Bancsh in a report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.

First Us Bancsh Trading Down 0.2%

NASDAQ FUSB traded down $0.03 on Monday, reaching $13.61. The stock had a trading volume of 808 shares, compared to its average volume of 5,281. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.10. The stock has a fifty day moving average price of $13.42 and a two-hundred day moving average price of $12.82. First Us Bancsh has a 12-month low of $10.30 and a 12-month high of $14.79. The firm has a market capitalization of $78.53 million, a price-to-earnings ratio of 14.63 and a beta of 0.29.

First Us Bancsh (NASDAQ:FUSB) last issued its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $0.32 earnings per share for the quarter. First Us Bancsh had a return on equity of 5.49% and a net margin of 8.98%.The business had revenue of $10.52 million during the quarter.

First Us Bancsh Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Friday, December 12th will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, December 12th. First Us Bancsh’s dividend payout ratio is currently 30.11%.

About First Us Bancsh

First US Bancshares, Inc is the bank holding company for First US Bank, a community-focused financial institution established in 2006 and headquartered in Brookfield, Wisconsin. Through its subsidiary, the company delivers a comprehensive suite of banking products and services designed to meet the needs of individuals, small to midsize businesses, and public sector entities across Southeastern and Northeastern Wisconsin.

The firm’s core offerings include commercial lending, treasury management, deposit products and residential mortgage financing.