Short Interest in United Security Bancshares (NASDAQ:UBFO) Expands By 65.1%

Share on StockTwits

United Security Bancshares (NASDAQ:UBFO) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totalling 65,200 shares, a growth of 65.1% from the February 27th total of 39,500 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 24,700 shares, the short-interest ratio is currently 2.6 days.

United Security Bancshares stock opened at $6.85 on Friday. The stock has a 50-day simple moving average of $8.39 and a 200 day simple moving average of $9.89. The stock has a market capitalization of $113.72 million, a P/E ratio of 7.61 and a beta of 0.55. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.99 and a current ratio of 0.99. United Security Bancshares has a 52 week low of $5.04 and a 52 week high of $11.45.

United Security Bancshares (NASDAQ:UBFO) last released its quarterly earnings data on Thursday, January 23rd. The financial services provider reported $0.17 earnings per share (EPS) for the quarter. United Security Bancshares had a return on equity of 13.32% and a net margin of 32.66%. The firm had revenue of $9.34 million for the quarter.

Several hedge funds and other institutional investors have recently modified their holdings of the company. California Public Employees Retirement System raised its stake in United Security Bancshares by 5.8% in the 3rd quarter. California Public Employees Retirement System now owns 80,598 shares of the financial services provider’s stock valued at $848,000 after acquiring an additional 4,400 shares during the period. Russell Investments Group Ltd. bought a new position in United Security Bancshares during the fourth quarter worth $42,000. Private Wealth Advisors LLC increased its holdings in shares of United Security Bancshares by 5.6% in the fourth quarter. Private Wealth Advisors LLC now owns 113,790 shares of the financial services provider’s stock valued at $1,090,000 after purchasing an additional 6,000 shares during the last quarter. State Street Corp increased its holdings in shares of United Security Bancshares by 11.0% in the fourth quarter. State Street Corp now owns 207,747 shares of the financial services provider’s stock valued at $2,252,000 after purchasing an additional 20,509 shares during the last quarter. Finally, Barclays PLC raised its position in shares of United Security Bancshares by 289.0% in the fourth quarter. Barclays PLC now owns 32,873 shares of the financial services provider’s stock valued at $352,000 after purchasing an additional 24,423 shares during the period. Institutional investors own 24.78% of the company’s stock.

United Security Bancshares Company Profile

United Security Bancshares operates as the holding company for United Security Bank, a state-chartered bank that provides a range of commercial banking services to the business and professional community, and individuals in California. The company accepts various deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit.

Further Reading: Monthly Dividend Stocks Can Provide Solid Income

Receive News & Ratings for United Security Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Security Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Mitchell Mcleod Pugh & Williams Inc. Has $252,000 Holdings in General Electric
Mitchell Mcleod Pugh & Williams Inc. Has $252,000 Holdings in General Electric
Mitchell Mcleod Pugh & Williams Inc. Acquires 500 Shares of Starbucks Co.
Mitchell Mcleod Pugh & Williams Inc. Acquires 500 Shares of Starbucks Co.
Bank of America  PT Lowered to $20.00 at UBS Group
Bank of America PT Lowered to $20.00 at UBS Group
IFM Investors Pty Ltd Sells 5,253 Shares of Walmart Inc
IFM Investors Pty Ltd Sells 5,253 Shares of Walmart Inc
Macquarie Group Ltd. Has $2.83 Million Position in Valero Energy Co.
Macquarie Group Ltd. Has $2.83 Million Position in Valero Energy Co.
Marquette Asset Management LLC Increases Stock Position in Boeing Co
Marquette Asset Management LLC Increases Stock Position in Boeing Co


© 2006-2020 Ticker Report