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

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

Analyst Ratings Changes

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

Insider Activity

In related news, Director Robert C. Field acquired 4,000 shares of First Us Bancsh stock in a transaction dated Tuesday, November 25th. The stock was purchased at an average cost of $13.71 per share, for a total transaction of $54,840.00. Following the purchase, the director directly owned 4,000 shares of the company’s stock, valued at approximately $54,840. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. In the last quarter, insiders acquired 11,310 shares of company stock valued at $153,954. Company insiders own 11.24% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Gendell Jeffrey L raised its stake in First Us Bancsh by 4.2% during the second quarter. Gendell Jeffrey L now owns 377,741 shares of the financial services provider’s stock worth $4,873,000 after acquiring an additional 15,301 shares in the last quarter. Bank of America Corp DE increased its stake in First Us Bancsh by 37.3% in the 3rd quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider’s stock worth $193,000 after acquiring an additional 4,365 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of First Us Bancsh by 2.8% during the second 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 last quarter. 18.74% of the stock is owned by institutional investors and hedge funds.

First Us Bancsh Stock Performance

Shares of FUSB traded up $0.15 during mid-day trading on Tuesday, hitting $13.76. 4,105 shares of the company’s stock were exchanged, compared to its average volume of 8,946. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $79.35 million, a P/E ratio of 14.80 and a beta of 0.29. The business’s 50 day moving average is $13.47 and its two-hundred day moving average is $12.84. First Us Bancsh has a fifty-two week low of $10.30 and a fifty-two week high of $14.79.

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

First Us Bancsh Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Friday, December 12th will be given a $0.07 dividend. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.28 annualized dividend and a dividend yield of 2.0%. First Us Bancsh’s payout ratio is presently 30.11%.

First Us Bancsh Company Profile

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.