First Bancshares Inc. (OTCMKTS:FBSI) Short Interest Up 467.3% in May

First Bancshares Inc. (OTCMKTS:FBSI) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 607 shares, an increase of 467.3% from the April 30th total of 107 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 938 shares, the short-interest ratio is currently 0.6 days.

First Bancshares Stock Performance

OTCMKTS:FBSI remained flat at $32.70 during trading hours on Thursday. 2,200 shares of the company’s stock were exchanged, compared to its average volume of 319. The stock has a market cap of $78.81 million, a price-to-earnings ratio of 9.82 and a beta of 0.11. First Bancshares has a 12 month low of $26.12 and a 12 month high of $35.96. The company’s 50-day moving average is $32.01 and its 200 day moving average is $32.39.

First Bancshares (OTCMKTS:FBSI) last posted its quarterly earnings results on Friday, April 10th. The financial services provider reported $0.88 earnings per share for the quarter. The company had revenue of $6.99 million for 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.