It is currently trading at $20.70 a tad higher than $19.23, the stock’s 50 day moving average and much higher than the 200 day moving average of $18.72. The 50 day moving average went up by +7.64% and the 200 day average went up $1.98 or +10.55%. 320 shares changed hands by the end of trading on Tuesday. Trading volume was down 68.69% under the stocks average daily volume.
Traders are feeling more bearish on shares of the company recently if you put credence in the rise in short interest. The stock realized a rise in short interest of 91.00% as of September 29, 2017 from the last reporting period. Short shares increased from 1,878 to 3,587 over that timeframe. Days to cover decreased from 1.0 to 1.0 and the percentage of shorted shares was 0.00% on September 29.
Here is a rundown on some insider market activity for Fauquier Bankshares, Inc. (NASDAQ:FBSS). T. Michael York, Chief Operating Officer disclosed the sale of 150 shares of (FBSS). The shares were purchased at an average price of $17.29. The Chief Operating Officer now owns $0 of the stock per the Form 4 SEC filing. Kevin T. Carter, Director reported the purchase of 505 shares. The shares were bought on August 2nd for an average price of $19.64. Carter now owns $39,319 of the stock according to the SEC filing.
A few notable investment firms have updated their holdings. As of the end of the quarter Morgan Stanley had sold a total of 1,489 shares trimming its holdings by 99.3%. The value of the total investment in Fauquier Bankshares, Inc. decreased from $27,000 to $0 a change of 100.0% since the last quarter. Wellington Management Group Llp divested its stake by shedding 13,148 shares a decrease of 24.8% in the quarter. Wellington Management Group Llp now holds 39,782 shares valued at $766,000. The value of the position overall is down by 20.3%.
Blackrock Inc. trimmed its position by selling 192 shares a decrease of 23.1% as of 06/30/2017. Blackrock Inc. controls 639 shares with a value of $12,000. The total value of its holdings decreased 20.0%. Ubs Group Ag bolstered its investment by buying 26,981 shares an increase of 1,927.2% from 03/31/2017 to 06/30/2017. Ubs Group Ag now controls 28,381 shares worth $539,000. The total value of its holdings increased 2,056.0%.
The company is trading up by 1.05%% since yesterday’s close of 20.48. Additionally the company recently announced a dividend paid on Monday the 2nd of October 2017. The dividend payment was $0.120 per share for the quarter or $0.48 annualized. This dividend amount represented a yield of $2.31. The ex-dividend date was Thursday the 14th of September 2017.
The P/E ratio is currently 23.85 and the market value is 77.96M.
Fauquier Bankshares, Inc., launched on May 12, 1986, is a bank holding company. The Company operates through its subsidiary, The Fauquier Bank (the Bank). The Bank has over 10 service branch offices located in the Virginia communities of Old Town-Warrenton, Catlett, The Plains, Sudley Road-Manassas, New Baltimore, Bealeton, Bristow, Haymarket, Gainesville and Centreville Road-Manassas, Virginia. The Bank provides a range of consumer and commercial banking services to individuals, businesses and industries. The services offered by the Bank include automated teller machines (ATM), debit and credit cards, cash management, direct deposits, notary services, night depository, prepaid debit cards, cashier’s checks, domestic and international collections, savings bonds, automated teller services, drive-in tellers, mobile and Internet banking, telephone banking and banking by mail. The Bank provides commercial, financial, agricultural, and residential and consumer loans to customers primarily in Virginia..