Short Interest in First Us Bancsh (NASDAQ:FUSB) Grows By 42.2%

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

Analyst Ratings Changes

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

First Us Bancsh Stock Performance

NASDAQ:FUSB traded down $0.06 during trading hours on Friday, reaching $14.94. 8,800 shares of the company’s stock were exchanged, compared to its average volume of 7,198. First Us Bancsh has a 1-year low of $10.30 and a 1-year high of $15.99. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $86.18 million, a price-to-earnings ratio of 14.94 and a beta of 0.26. The company has a 50-day moving average of $14.82 and a 200 day moving average of $13.60.

First Us Bancsh (NASDAQ:FUSB) last posted its quarterly earnings data on Wednesday, January 28th. The financial services provider reported $0.36 EPS 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 Announces Dividend

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

Institutional Trading of First Us Bancsh

Several institutional investors and hedge funds have recently added to or reduced their stakes in FUSB. Geode Capital Management LLC grew its stake in shares of First Us Bancsh by 2.8% in the 2nd quarter. Geode Capital Management LLC now owns 56,964 shares of the financial services provider’s stock valued at $735,000 after purchasing an additional 1,526 shares during the last quarter. Gendell Jeffrey L raised its stake in shares of 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 purchasing an additional 15,301 shares during the last quarter. Bank of America Corp DE raised its stake in shares of First Us Bancsh by 37.3% during the third quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider’s stock worth $193,000 after purchasing an additional 4,365 shares during the last quarter. Daytona Street Capital LLC acquired a new stake in shares of First Us Bancsh during the fourth quarter worth $169,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of First Us Bancsh by 129.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 4,966 shares of the financial services provider’s stock worth $69,000 after purchasing an additional 2,805 shares during the period. 18.74% of the stock is owned by hedge funds and other institutional investors.

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.