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

First US Bancshares, Inc. (NASDAQ:FUSB) saw a large growth in short interest in November. As of November 15th, there was short interest totalling 3,600 shares, a growth of 5.9% from the October 31st total of 3,400 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,700 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of First US Bancshares

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Sanctuary Advisors LLC bought a new stake in shares of First US Bancshares in the third quarter worth $125,000. Diversified LLC acquired a new stake in shares of First US Bancshares in the second quarter valued at about $106,000. Cahaba Wealth Management Inc. acquired a new position in shares of First US Bancshares in the second quarter worth approximately $118,000. Finally, Geode Capital Management LLC boosted its holdings in First US Bancshares by 13.6% in the third quarter. Geode Capital Management LLC now owns 52,713 shares of the financial services provider’s stock valued at $611,000 after acquiring an additional 6,325 shares during the last quarter. 18.74% of the stock is currently owned by institutional investors.

First US Bancshares Stock Up 4.4 %

Shares of FUSB opened at $14.06 on Wednesday. The firm has a 50 day simple moving average of $11.93 and a two-hundred day simple moving average of $10.83. The company has a market cap of $80.43 million, a P/E ratio of 10.04 and a beta of 0.92. First US Bancshares has a one year low of $8.66 and a one year high of $14.26. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.91 and a quick ratio of 0.91.

First US Bancshares Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, December 13th will be paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.99%. This is a positive change from First US Bancshares’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Friday, December 13th. First US Bancshares’s dividend payout ratio (DPR) is presently 14.29%.

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.