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

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

Insider Activity at First Us Bancsh

In related news, Director Robert C. Field purchased 4,000 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The stock was purchased at an average price of $13.71 per share, with a total value of $54,840.00. Following the completion of the purchase, the director owned 4,000 shares of the company’s stock, valued at approximately $54,840. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Insiders have purchased 11,310 shares of company stock worth $153,954 over the last 90 days. Company insiders own 11.24% of the company’s stock.

Hedge Funds Weigh In On First Us Bancsh

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE lifted its stake in First Us Bancsh by 37.3% during the 3rd quarter. Bank of America Corp DE now owns 16,056 shares of the financial services provider’s stock valued at $193,000 after acquiring an additional 4,365 shares during the period. Gendell Jeffrey L lifted its holdings in shares of First Us Bancsh by 4.2% in the 2nd quarter. Gendell Jeffrey L now owns 377,741 shares of the financial services provider’s stock valued at $4,873,000 after buying an additional 15,301 shares during the period. Finally, Geode Capital Management LLC lifted its holdings 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. Institutional investors and hedge funds own 18.74% of the company’s stock.

Analyst Ratings Changes

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

First Us Bancsh Stock Up 2.7%

Shares of First Us Bancsh stock traded up $0.37 during trading on Wednesday, reaching $13.97. The company’s stock had a trading volume of 769 shares, compared to its average volume of 5,257. First Us Bancsh has a 1-year low of $10.30 and a 1-year high of $14.79. The company has a 50-day simple moving average of $13.47 and a two-hundred day simple moving average of $12.84. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.10. The company has a market cap of $80.56 million, a price-to-earnings ratio of 15.02 and a beta of 0.29.

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

First Us Bancsh Announces Dividend

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

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.