First Us Bancsh (NASDAQ:FUSB) Sees Significant Increase in Short Interest

First Us Bancsh (NASDAQ:FUSB) was the target of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 7,381 shares, an increase of 42.2% from the February 12th total of 5,190 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 6,697 shares, the short-interest ratio is presently 1.1 days. Based on an average daily trading volume, of 6,697 shares, the short-interest ratio is presently 1.1 days. Approximately 0.1% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of First Us Bancsh in a report on Thursday, January 22nd. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, First Us Bancsh has an average rating of “Hold”.

Hedge Funds Weigh In On First Us Bancsh

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC raised its position in shares of First Us Bancsh by 2.8% during the 2nd 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 period. EverSource Wealth Advisors LLC boosted its position in First Us Bancsh by 129.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 4,966 shares of the financial services provider’s stock valued at $69,000 after purchasing an additional 2,805 shares during the period. Bank of America Corp DE grew its stake in 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 buying an additional 4,365 shares during the last quarter. Daytona Street Capital LLC acquired a new stake in First Us Bancsh in the fourth quarter worth $169,000. Finally, Marble Wealth LLC bought a new stake in First Us Bancsh in the fourth quarter valued at $214,000. 18.74% of the stock is currently owned by institutional investors and hedge funds.

First Us Bancsh Stock Performance

First Us Bancsh stock traded down $0.06 during mid-day trading on Friday, reaching $14.94. The company’s stock had a trading volume of 8,800 shares, compared to its average volume of 7,198. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.10. First Us Bancsh has a twelve month low of $10.30 and a twelve month high of $15.99. The business has a 50 day moving average price of $14.82 and a 200-day moving average price of $13.59. The firm has a market cap of $86.18 million, a price-to-earnings ratio of 14.94 and a beta of 0.26.

First Us Bancsh (NASDAQ:FUSB) last issued its earnings results on Wednesday, January 28th. The financial services provider reported $0.36 earnings per share for the quarter. First Us Bancsh had a net margin of 9.51% and a return on equity of 5.85%. The company had revenue of $19.84 million for the quarter.

First Us Bancsh Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be issued a $0.07 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $0.28 dividend on an annualized basis and a yield of 1.9%. First Us Bancsh’s dividend payout ratio (DPR) is currently 28.00%.

First Us Bancsh Company Profile

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.