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

First Bancshares Inc. (OTCMKTS:FBSI) was the recipient of a large drop in short interest in 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. Based on an average daily volume of 227 shares, the short-interest ratio is currently 0.7 days. Approximately 0.0% of the shares of the stock are short sold.

First Bancshares Stock Performance

Shares of FBSI stock opened at $34.01 on Friday. The stock’s fifty day moving average is $34.19 and its 200-day moving average is $32.87. The stock has a market capitalization of $85.71 million, a PE ratio of 9.21 and a beta of 0.15. First Bancshares has a 52 week low of $27.28 and a 52 week high of $35.96.

First Bancshares (OTCMKTS:FBSI) last announced its earnings results on Friday, October 9th. The financial services provider reported $1.05 earnings per share for the quarter. The business 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.