First Us Bancsh (NASDAQ:FUSB) Sees Large Drop in Short Interest

First Us Bancsh (NASDAQ:FUSB) saw a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 5,190 shares, a drop of 14.1% from the January 29th total of 6,043 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 8,466 shares, the short-interest ratio is currently 0.6 days. Based on an average trading volume of 8,466 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of First Us Bancsh in a research report on Thursday, January 22nd. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold”.

Institutional Investors Weigh In On First Us Bancsh

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Marble Wealth LLC acquired a new position in First Us Bancsh in the 4th quarter valued at about $214,000. Bank of America Corp DE lifted its holdings in First Us Bancsh by 37.3% in the third quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider’s stock valued at $193,000 after acquiring an additional 4,365 shares during the last quarter. Geode Capital Management LLC grew its position in First Us Bancsh by 2.8% in the second quarter. Geode Capital Management LLC now owns 56,964 shares of the financial services provider’s stock worth $735,000 after acquiring an additional 1,526 shares during the period. Gendell Jeffrey L increased its stake in First Us Bancsh by 4.2% during the second quarter. Gendell Jeffrey L now owns 377,741 shares of the financial services provider’s stock worth $4,873,000 after acquiring an additional 15,301 shares during the last quarter. Finally, Daytona Street Capital LLC purchased a new stake in First Us Bancsh in the fourth quarter valued at $169,000. 18.74% of the stock is currently owned by institutional investors and hedge funds.

First Us Bancsh Price Performance

NASDAQ FUSB remained flat at $14.80 during trading hours on Wednesday. The company had a trading volume of 5,421 shares, compared to its average volume of 7,772. The stock has a market capitalization of $85.40 million, a price-to-earnings ratio of 14.80 and a beta of 0.26. The firm has a fifty day moving average price of $14.64 and a 200-day moving average price of $13.43. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.90 and a quick ratio of 0.90. First Us Bancsh has a 12 month low of $10.30 and a 12 month high of $15.99.

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

First Us Bancsh Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $0.28 annualized dividend and a dividend yield of 1.9%. First Us Bancsh’s payout ratio is presently 28.00%.

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.