38K shares changed hands by the end of trading on Tuesday. Overall, volume was up 199.43% over the stocks normal daily volume.
Short traders are feeling a little more bullish on shares of the company of late as indicated by the change in short interest. The company recorded a fall in short interest from September 29, 2017 to October 13, 2017 of -34.73%. Short shares decreased from 345,876 to 225,761 over that timeframe. With short interest at 225,761 and short average daily volume at 11,650, the short-interest ratio is 19.0 and the percentage of shorted shares was 0.01% on October 13.
Here are a few substantial investment firms who have updated their positions. Bridgeway Capital Management Inc grew its stake by buying 5,400 shares an increase of 22.9% in the quarter. Bridgeway Capital Management Inc owns 28,955 shares with a value of $275,000. The value of the position overall is up by 26.1%. Maltese Capital Management LLC reduced its holdings by shedding 20,000 shares a decrease of 11.1%. Maltese Capital Management LLC claims 160,000 shares worth $1,520,000. The total value of its holdings decreased 8.7%.
As of the end of the quarter State Street Corp had bought 40,400 shares growing its position 31.3%. The value of the investment in UBFO increased from $1,195,000 to $1,611,000 a change of 34.8% quarter over quarter. Elizabeth Park Capital Advisors, Ltd. augmented its investment by buying 10,000 shares an increase of 1.7% from 06/30/2017 to 09/30/2017. Elizabeth Park Capital Advisors, Ltd. now controls 591,132 shares valued at $5,616,000. The value of the position overall is up by 4.5%.
The company is up by 0.27% since yesterday’s close of 9.36. The P/E ratio is 18.62 and the market cap is 158.30M. In the latest earnings report the EPS was $0.50 with 16.89M shares presently outstanding.
United Security Bancshares, launched on February 21, 2001, is the bank holding company for United Security Bank (the Bank). The Bank is a California state-chartered bank. The Bank offers a range of commercial banking services primarily to the business and professional community and individuals located in Fresno, Madera, Kern and Santa Clara Counties. The Bank operates in the segment of providing banking services to commercial establishments and individuals primarily in the San Joaquin Valley of California. The Bank also offers a range of services for commercial customers and account holders, including online banking, mobile banking, safe deposit boxes, automated teller machine (ATM) services, payroll direct deposit, cashier’s checks, traveler’s checks, money orders and foreign drafts. The Bank offers a range of financial services, including wealth management, employee benefit, insurance and loan products, as well as consulting services for a range of clients. The Bank operates approximately three branches, one construction lending office and one financial services office in Fresno and one branch each in Oakhurst, Caruthers, San Joaquin, Firebaugh, Coalinga, Bakersfield, Taft and Campbell. USB Capital Trust II is the subsidiary of the Company..Advertisement