First Bancshares Inc. (OTCMKTS:FBSI) Short Interest Up 467.3% in May

First Bancshares Inc. (OTCMKTS:FBSI) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 607 shares, an increase of 467.3% from the April 30th total of 107 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 938 shares, the days-to-cover ratio is currently 0.6 days.

First Bancshares Stock Performance

Shares of OTCMKTS:FBSI remained flat at $32.70 during mid-day trading on Thursday. The company had a trading volume of 2,200 shares, compared to its average volume of 319. The firm has a market capitalization of $78.81 million, a price-to-earnings ratio of 9.82 and a beta of 0.11. First Bancshares has a 1-year low of $26.12 and a 1-year high of $35.96. The stock’s 50-day moving average price is $32.01 and its 200 day moving average price is $32.39.

First Bancshares (OTCMKTS:FBSI) last announced its earnings results on Friday, April 10th. The financial services provider reported $0.88 EPS for the quarter. The company 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.