Short Interest in First Bancshares Inc. (OTCMKTS:FBSI) Rises By 155.5%

First Bancshares Inc. (OTCMKTS:FBSI) saw a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 304 shares, a growth of 155.5% from the February 12th total of 119 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 298 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 298 shares, the short-interest ratio is currently 1.0 days. Approximately 0.0% of the company’s stock are sold short.

First Bancshares Price Performance

FBSI opened at $33.00 on Thursday. First Bancshares has a 52 week low of $24.10 and a 52 week high of $35.96. The firm has a market cap of $79.53 million, a price-to-earnings ratio of 10.44 and a beta of 0.10. The business’s 50 day moving average is $32.96 and its two-hundred day moving average is $30.81.

First Bancshares (OTCMKTS:FBSI) last issued its quarterly earnings results on Friday, January 16th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter. The company had revenue of $7.04 million during the quarter.

First Bancshares Company Profile

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.