Short Interest in First Bancshares Inc. (OTCMKTS:FBSI) Grows By 546.7%

First Bancshares Inc. (OTCMKTS:FBSI) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 194 shares, an increase of 546.7% from the November 30th total of 30 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 2,057 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 2,057 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

First Bancshares Price Performance

First Bancshares stock remained flat at $33.57 during midday trading on Wednesday. First Bancshares has a 12-month low of $24.10 and a 12-month high of $35.96. The company’s 50 day moving average price is $30.95 and its 200-day moving average price is $28.33. The stock has a market cap of $80.90 million, a price-to-earnings ratio of 11.19 and a beta of 0.05.

First Bancshares (OTCMKTS:FBSI) last posted its quarterly earnings data on Wednesday, October 8th. The financial services provider reported $0.83 EPS for the quarter. The firm had revenue of $6.64 million during the quarter.

About First Bancshares

First Bancshares, Inc (OTCMKTS:FBSI) is a bank holding company headquartered in Jackson, Tennessee. Through its primary subsidiary, First Bank, the company provides a full suite of commercial and retail banking services designed to meet the needs of individuals, small- and medium-sized businesses and municipalities.

First Bank’s core offerings include deposit products such as checking, savings and money market accounts, along with business and consumer lending solutions that encompass lines of credit, term loans, mortgage financing and construction loans.