FSB Bancorp Inc (NASDAQ:FSBC) Sees Significant Decline in Short Interest

FSB Bancorp Inc (NASDAQ:FSBC) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 100 shares, a drop of 75.0% from the July 31st total of 400 shares. Based on an average daily trading volume, of 1,400 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

NASDAQ:FSBC traded up $0.08 during trading hours on Friday, reaching $17.15. The company has a debt-to-equity ratio of 1.79, a quick ratio of 1.22 and a current ratio of 1.23. The firm’s 50-day moving average is $17.43 and its 200 day moving average is $17.64. FSB Bancorp has a 1-year low of $15.96 and a 1-year high of $19.33.

Separately, ValuEngine downgraded FSB Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday, August 6th.

FSB Bancorp Company Profile

FSB Bancorp, Inc operates as the bank holding company for Fairport Savings Bank that provides various financial services to individuals and corporate customers in Monroe County, New York. The company accepts savings, negotiable order of withdrawal, money market, and individual retirement accounts, as well as certificates of deposit and non-interest-bearing demand deposits.

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