First US Bancshares, Inc. (NASDAQ:FUSB) Short Interest Update

First US Bancshares, Inc. (NASDAQ:FUSB) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 5,200 shares, an increase of 33.3% from the December 15th total of 3,900 shares. Based on an average daily volume of 5,300 shares, the short-interest ratio is presently 1.0 days. Approximately 0.1% of the shares of the stock are short sold.

First US Bancshares Trading Down 1.7 %

Shares of FUSB opened at $12.74 on Friday. First US Bancshares has a 1-year low of $8.66 and a 1-year high of $14.30. The firm’s 50-day moving average price is $12.99 and its 200-day moving average price is $11.55. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $72.87 million, a price-to-earnings ratio of 9.10 and a beta of 0.92.

First US Bancshares Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 13th were paid a $0.07 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.28 annualized dividend and a dividend yield of 2.20%. This is an increase from First US Bancshares’s previous quarterly dividend of $0.05. First US Bancshares’s dividend payout ratio is presently 20.00%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in First US Bancshares stock. Sanctuary Advisors LLC purchased a new stake in shares of First US Bancshares, Inc. (NASDAQ:FUSB) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 11,274 shares of the financial services provider’s stock, valued at approximately $125,000. Sanctuary Advisors LLC owned about 0.20% of First US Bancshares as of its most recent SEC filing. Institutional investors own 18.74% of the company’s stock.

About First US Bancshares

First US Bancshares, Inc operates as the bank holding company for First US Bank that provides commercial banking products and services. The company offers non-interest-bearing demand deposits, savings accounts, NOW accounts, money market demand accounts, individual retirement accounts, and time deposits.