Short Interest in First Bancshares Inc. (OTCMKTS:FBSI) Drops By 97.8%

First Bancshares Inc. (OTCMKTS:FBSI) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 5 shares, a drop of 97.8% from the July 15th total of 225 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 702 shares, the short-interest ratio is currently 0.0 days.

First Bancshares Stock Performance

OTCMKTS:FBSI opened at $34.10 on Wednesday. The company has a market capitalization of $82.18 million, a P/E ratio of 9.83 and a beta of 0.14. The stock’s 50 day moving average price is $32.25 and its 200 day moving average price is $32.30. First Bancshares has a 52 week low of $26.14 and a 52 week high of $35.96.

First Bancshares (OTCMKTS:FBSI) last released its quarterly earnings data on Friday, July 24th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter. The business had revenue of $7.40 million during the quarter.

About First Bancshares

First Bancshares, Inc (OTCMKTS:FBSI) is a bank holding company headquartered in Jackson, Tennessee. Through its primary subsidiary, First Bank, the company provides a full suite of commercial and retail banking services designed to meet the needs of individuals, small- and medium-sized businesses and municipalities.

First Bank’s core offerings include deposit products such as checking, savings and money market accounts, along with business and consumer lending solutions that encompass lines of credit, term loans, mortgage financing and construction loans.