First Bancshares Inc. (OTCMKTS:FBSI) Shares Shorted: Short Interest Down 36.0% in September

First Bancshares Inc. (OTCMKTS:FBSI) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 155 shares, a drop of 36.0% from the September 15th total of 242 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 227 shares, the short-interest ratio is currently 0.7 days.

First Bancshares Stock Up 0.0%

FBSI stock opened at $34.01 on Friday. First Bancshares has a twelve month low of $27.28 and a twelve month high of $35.96. The company has a market cap of $85.71 million, a P/E ratio of 9.21 and a beta of 0.15. The business has a fifty day moving average of $34.19 and a 200-day moving average of $32.87.

First Bancshares (OTCMKTS:FBSI) last posted its quarterly earnings results on Friday, October 9th. The financial services provider reported $1.05 earnings per share (EPS) for the quarter. The firm had revenue of $8.35 million during the quarter.

First Bancshares Company Profile

First Bancshares is a bank holding company focused on providing community banking services through its affiliated banking operations. Its business is centered on serving individuals, families, small businesses and other local organizations with traditional financial products and services.

The company’s banking activities generally include accepting checking, savings and time deposits; originating consumer, residential real estate and commercial loans; and providing related services such as online banking and other account-access solutions.