First Bancshares Inc. (OTCMKTS:FBSI) Short Interest Down 48.5% in June

First Bancshares Inc. (OTCMKTS:FBSI) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 418 shares, a decline of 48.5% from the May 31st total of 812 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 98 shares, the short-interest ratio is presently 4.3 days.

First Bancshares Stock Performance

Shares of First Bancshares stock remained flat at $30.95 during trading on Thursday. The firm has a market capitalization of $74.59 million, a PE ratio of 9.29 and a beta of 0.14. The company’s 50-day moving average price is $32.38 and its 200-day moving average price is $32.54. First Bancshares has a 12-month low of $26.13 and a 12-month high of $35.96.

First Bancshares (OTCMKTS:FBSI) last posted its earnings results on Friday, April 10th. The financial services provider reported $0.88 EPS for the quarter. The firm had revenue of $6.99 million during the quarter.

About First Bancshares

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.