First Bancshares Inc. (OTCMKTS:FBSI) Short Interest Down 60.9% in March

First Bancshares Inc. (OTCMKTS:FBSI) saw a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 119 shares, a drop of 60.9% from the February 26th total of 304 shares. Based on an average daily trading volume, of 1,339 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

First Bancshares Price Performance

Shares of FBSI remained flat at $31.50 during mid-day trading on Thursday. 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 $75.92 million, a PE ratio of 9.97 and a beta of 0.10. The business’s 50-day simple moving average is $32.66 and its 200-day simple moving average is $31.18.

First Bancshares (OTCMKTS:FBSI) last announced its quarterly earnings data on Friday, January 16th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter. The firm had revenue of $7.04 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.