First Us Bancsh (NASDAQ:FUSB) Short Interest Down 28.7% in December

First Us Bancsh (NASDAQ:FUSB) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 4,637 shares, a decline of 28.7% from the November 30th total of 6,503 shares. Based on an average daily volume of 10,298 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 10,298 shares, the short-interest ratio is presently 0.5 days.

Insider Transactions at First Us Bancsh

In other news, Director Robert C. Field bought 3,000 shares of the stock in a transaction dated Wednesday, November 26th. The shares were acquired at an average cost of $13.59 per share, with a total value of $40,770.00. Following the purchase, the director directly owned 7,000 shares in the company, valued at $95,130. The trade was a 75.00% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have acquired 11,310 shares of company stock worth $153,954 over the last quarter. Corporate insiders own 11.24% of the company’s stock.

Institutional Trading of First Us Bancsh

Several large investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its position in First Us Bancsh by 37.3% during the third quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider’s stock worth $193,000 after purchasing an additional 4,365 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of First Us Bancsh by 2.8% in the 2nd quarter. Geode Capital Management LLC now owns 56,964 shares of the financial services provider’s stock valued at $735,000 after buying an additional 1,526 shares during the period. Finally, Gendell Jeffrey L increased its holdings in shares of First Us Bancsh by 4.2% during the 2nd quarter. Gendell Jeffrey L now owns 377,741 shares of the financial services provider’s stock worth $4,873,000 after buying an additional 15,301 shares during the last quarter. 18.74% of the stock is currently owned by hedge funds and other institutional investors.

First Us Bancsh Price Performance

Shares of NASDAQ FUSB traded down $0.03 during mid-day trading on Monday, reaching $13.61. The company’s stock had a trading volume of 808 shares, compared to its average volume of 5,281. The stock has a 50-day moving average of $13.42 and a two-hundred day moving average of $12.82. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a market capitalization of $78.53 million, a P/E ratio of 14.63 and a beta of 0.29. First Us Bancsh has a 1-year low of $10.30 and a 1-year high of $14.79.

First Us Bancsh (NASDAQ:FUSB) last announced its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter. The company had revenue of $10.52 million during the quarter. First Us Bancsh had a net margin of 8.98% and a return on equity of 5.49%.

First Us Bancsh Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 2nd. Investors of record on Friday, December 12th will be issued a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, December 12th. First Us Bancsh’s dividend payout ratio (DPR) is currently 30.11%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of First Us Bancsh in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold”.

About First Us Bancsh

First US Bancshares, Inc is the bank holding company for First US Bank, a community-focused financial institution established in 2006 and headquartered in Brookfield, Wisconsin. Through its subsidiary, the company delivers a comprehensive suite of banking products and services designed to meet the needs of individuals, small to midsize businesses, and public sector entities across Southeastern and Northeastern Wisconsin.

The firm’s core offerings include commercial lending, treasury management, deposit products and residential mortgage financing.