Fauquier Bankshares, Inc. (NASDAQ:FBSS) Short Interest Up 50.0% in June

Fauquier Bankshares, Inc. (NASDAQ:FBSS) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totalling 1,200 shares, an increase of 50.0% from the May 30th total of 800 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,400 shares, the days-to-cover ratio is currently 0.9 days.

NASDAQ FBSS traded up $0.30 on Thursday, reaching $21.55. The company’s stock had a trading volume of 3,348 shares, compared to its average volume of 2,407. The stock has a market capitalization of $81.19 million, a price-to-earnings ratio of 12.88 and a beta of 0.50. The company’s 50-day moving average price is $21.11. Fauquier Bankshares has a 52 week low of $17.21 and a 52 week high of $26.90. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.98 and a current ratio of 0.98.

Fauquier Bankshares (NASDAQ:FBSS) last posted its earnings results on Monday, April 22nd. The financial services provider reported $0.43 earnings per share for the quarter. The business had revenue of $7.61 million for the quarter. Fauquier Bankshares had a net margin of 18.62% and a return on equity of 10.38%.

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Friday, June 14th were paid a dividend of $0.12 per share. The ex-dividend date was Thursday, June 13th. This represents a $0.48 annualized dividend and a yield of 2.23%.

In other Fauquier Bankshares news, Director Kevin T. Carter bought 1,600 shares of the stock in a transaction that occurred on Wednesday, May 29th. The shares were acquired at an average price of $21.61 per share, with a total value of $34,576.00. Following the completion of the purchase, the director now directly owns 5,239 shares in the company, valued at approximately $113,214.79. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 4.42% of the company’s stock.

A hedge fund recently raised its stake in Fauquier Bankshares stock. Captrust Financial Advisors grew its position in shares of Fauquier Bankshares, Inc. (NASDAQ:FBSS) by 218.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,980 shares of the financial services provider’s stock after buying an additional 2,730 shares during the quarter. Captrust Financial Advisors owned approximately 0.11% of Fauquier Bankshares worth $77,000 as of its most recent filing with the Securities and Exchange Commission. 25.45% of the stock is currently owned by institutional investors and hedge funds.

About Fauquier Bankshares

Fauquier Bankshares, Inc operates as the bank holding company for The Fauquier Bank that provides retail banking services to individuals and businesses. The company accepts various deposits, including interest and noninterest-bearing checking, money market, and savings accounts; and time deposits. Its loan portfolio includes commercial and industrial loans, commercial real estate loans, construction and land loans, consumer and student loans, residential real estate loans, and home equity lines of credit.

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