First Bancshares Inc. (OTCMKTS:FBSI) Sees Significant Growth in Short Interest

First Bancshares Inc. (OTCMKTS:FBSI) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 194 shares, an increase of 546.7% from the November 30th total of 30 shares. Based on an average daily trading volume, of 2,057 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 2,057 shares, the days-to-cover ratio is presently 0.1 days.

First Bancshares Price Performance

Shares of FBSI stock remained flat at $33.57 during trading hours on Friday. The company’s 50-day moving average price is $31.06 and its two-hundred day moving average price is $28.36. First Bancshares has a 12-month low of $24.10 and a 12-month high of $35.96. The firm has a market cap of $80.90 million, a PE ratio of 11.19 and a beta of 0.05.

First Bancshares (OTCMKTS:FBSI) last issued its quarterly earnings results on Wednesday, October 8th. The financial services provider reported $0.83 earnings per share (EPS) for the quarter. The business had revenue of $6.64 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.