United Security Bancshares (NASDAQ:UBFO) Short Interest Update

United Security Bancshares (NASDAQ:UBFO) saw a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 16,900 shares, a decline of 30.5% from the November 15th total of 24,300 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 24,500 shares, the short-interest ratio is currently 0.7 days.

United Security Bancshares Trading Up 0.1 %

NASDAQ:UBFO traded up $0.01 during mid-day trading on Friday, reaching $10.31. 21,218 shares of the company’s stock traded hands, compared to its average volume of 20,661. The company has a 50 day moving average price of $9.22 and a 200-day moving average price of $8.28. The firm has a market capitalization of $178.57 million, a price-to-earnings ratio of 10.11 and a beta of 0.61. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.92 and a quick ratio of 0.92. United Security Bancshares has a 12-month low of $7.02 and a 12-month high of $10.49.

United Security Bancshares (NASDAQ:UBFO) last posted its earnings results on Friday, October 18th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter. United Security Bancshares had a return on equity of 13.96% and a net margin of 25.78%. The firm had revenue of $13.84 million for the quarter.

United Security Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 23rd. Shareholders of record on Monday, October 7th were issued a $0.12 dividend. The ex-dividend date of this dividend was Monday, October 7th. This represents a $0.48 annualized dividend and a yield of 4.66%. United Security Bancshares’s dividend payout ratio (DPR) is presently 47.06%.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of United Security Bancshares in a research report on Thursday, September 5th. They issued a “hold” rating on the stock.

Insider Activity at United Security Bancshares

In related news, SVP Robert C. Oberg, Jr. sold 4,800 shares of United Security Bancshares stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $9.81, for a total value of $47,088.00. Following the transaction, the senior vice president now directly owns 18,228 shares of the company’s stock, valued at $178,816.68. The trade was a 20.84 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 20.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On United Security Bancshares

A number of large investors have recently modified their holdings of UBFO. Vanguard Group Inc. raised its stake in United Security Bancshares by 2.7% in the first quarter. Vanguard Group Inc. now owns 558,965 shares of the financial services provider’s stock worth $4,310,000 after buying an additional 14,472 shares in the last quarter. Private Wealth Advisors LLC grew its holdings in shares of United Security Bancshares by 1.6% during the 2nd quarter. Private Wealth Advisors LLC now owns 81,811 shares of the financial services provider’s stock worth $591,000 after acquiring an additional 1,299 shares during the period. Miracle Mile Advisors LLC grew its holdings in shares of United Security Bancshares by 23.1% during the 3rd quarter. Miracle Mile Advisors LLC now owns 16,000 shares of the financial services provider’s stock worth $139,000 after acquiring an additional 3,000 shares during the period. Empowered Funds LLC raised its position in shares of United Security Bancshares by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 49,201 shares of the financial services provider’s stock worth $429,000 after acquiring an additional 2,412 shares in the last quarter. Finally, Fourthstone LLC lifted its stake in shares of United Security Bancshares by 314.5% in the 3rd quarter. Fourthstone LLC now owns 171,540 shares of the financial services provider’s stock valued at $1,494,000 after purchasing an additional 130,151 shares during the period. Institutional investors own 30.88% of the company’s stock.

United Security Bancshares Company Profile

United Security Bancshares operates as the bank 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.