First Bancshares Inc. (OTCMKTS:FBSI) Stock Short Interest Falls 36.0%

First Bancshares Inc. (OTCMKTS:FBSI) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 155 shares, a decline of 36.0% from the September 15th total of 242 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 227 shares, the short-interest ratio is currently 0.7 days.

First Bancshares Price Performance

FBSI stock traded up $1.29 during mid-day trading on Friday, reaching $35.30. The company had a trading volume of 625 shares, compared to its average volume of 248. The company has a market capitalization of $88.95 million, a PE ratio of 9.57 and a beta of 0.15. The firm has a 50 day moving average of $34.23 and a 200 day moving average of $32.89. First Bancshares has a 12 month low of $27.28 and a 12 month high of $35.96.

First Bancshares (OTCMKTS:FBSI) last posted its quarterly earnings results on Friday, October 9th. The financial services provider reported $1.05 earnings per share for the quarter. The company had revenue of $8.35 million for 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.