United Security Bancshares (NASDAQ:UBFO) Stock Closed 5.6% Above Its 50 Day Moving Average


It is trading at $9.65 just a bit higher than $9.14, the 50 day moving average and just above the 200 day moving average of $8.79. The 50 day moving average was up $0.51 and the 200 day average moved up $0.86. Trading was light with 5,688 shares changing hands in the last trading session. Volume was down 66.26% under the stocks average daily volume.

Investors are a little more bearish on United Security Bancshares of late if you take into consideration the uptick in short interest. The company experienced a rise in short interest of 5.62% as of the latest report on August 31, 2017. Short interest increased 20,587 over that timeframe. Days to cover decreased from 22.0 to 21.0 and the short interest percentage is 0.02% as of August 31.

These funds have shifted positions in (UBFO). As of the end of the quarter Elizabeth Park Capital Advisors, Ltd. had acquired a total of 5,752 shares growing its position 1.0%. The value of the investment in United Security Bancshares increased from $4,200,000 to $5,376,000 increasing 28.0% quarter over quarter. As of quarter end Context Bh Capital Management, Lp had bought 1,322 shares growing its stake by 0.8%. The value of the company’s investment in United Security Bancshares went from $1,142,000 to $1,459,000 a change of 27.8% for the reporting period.

As of the end of the quarter Ubs Group Ag had bought 185 shares growing its holdings by 319.0%. The value in dollars went from $0 to $2,000 a change of $2,000 since the last quarter. Spark Investment Management LLC bolstered its ownership by buying 2,374 shares an increase of 13.6% as of 06/30/2017. Spark Investment Management LLC now holds 19,874 shares valued at $183,000. The total value of its holdings increased 44.1%.

The company is unchanged by % percent from yesterday’s close. Additionally United Security Bancshares declared a dividend paid on Friday the 21st of July 2017. The dividend payment was $0.050 per share for the quarter or $0.20 on an annualized basis. This dividend amount represented a yield of $2.11. The ex-dividend date was set for Wednesday the 5th of July 2017.

United Security Bancshares’s P/E ratio is 20.71 and the market cap is 162.84M.

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..