First Bancshares Inc. (OTCMKTS:FBSI – Get Free Report) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 418 shares, a drop of 48.5% from the May 31st total of 812 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 98 shares, the short-interest ratio is presently 4.3 days.
First Bancshares Price Performance
FBSI opened at $30.95 on Tuesday. The business has a fifty day simple moving average of $32.41 and a 200 day simple moving average of $32.58. First Bancshares has a 1 year low of $26.13 and a 1 year high of $35.96. The company has a market capitalization of $74.59 million, a PE ratio of 9.29 and a beta of 0.12.
First Bancshares (OTCMKTS:FBSI – Get Free Report) last posted its quarterly earnings data on Friday, April 10th. The financial services provider reported $0.88 earnings per share for the quarter. The firm had revenue of $6.99 million for the quarter.
First Bancshares Company Profile
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.
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