United Security Bancshares (NASDAQ:UBFO – Get Free Report) was the target of a large decline in short interest in August. As of August 15th, there was short interest totalling 27,700 shares, a decline of 17.6% from the July 31st total of 33,600 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 16,600 shares, the short-interest ratio is currently 1.7 days.
Analysts Set New Price Targets
Several research analysts recently weighed in on UBFO shares. StockNews.com started coverage on United Security Bancshares in a research note on Thursday, August 17th. They set a “hold” rating on the stock. TheStreet upgraded United Security Bancshares from a “c+” rating to a “b-” rating in a research note on Friday, July 7th.
United Security Bancshares Stock Up 0.1 %
Shares of UBFO stock opened at $7.09 on Monday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.97 and a quick ratio of 0.97. The stock’s fifty day moving average price is $6.95 and its 200 day moving average price is $6.71. The company has a market cap of $121.17 million, a price-to-earnings ratio of 5.96 and a beta of 0.67. United Security Bancshares has a 1-year low of $5.50 and a 1-year high of $8.38.