First Resource Bancorp, Inc. (OTCMKTS:FRSB) Short Interest Up 1,000.0% in November

First Resource Bancorp, Inc. (OTCMKTS:FRSB) was the recipient of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 2,200 shares, a growth of 1,000.0% from the October 31st total of 200 shares. Based on an average daily volume of 1,900 shares, the short-interest ratio is presently 1.2 days.

First Resource Bancorp Price Performance

FRSB stock traded down $0.10 during midday trading on Friday, hitting $15.00. The stock had a trading volume of 4,040 shares, compared to its average volume of 2,290. First Resource Bancorp has a 12-month low of $10.95 and a 12-month high of $15.25. The company’s 50-day moving average price is $14.57 and its 200 day moving average price is $13.93. The firm has a market cap of $45.15 million, a PE ratio of 7.77 and a beta of 0.42.

First Resource Bancorp (OTCMKTS:FRSB) last posted its earnings results on Thursday, October 24th. The financial services provider reported $0.53 EPS for the quarter. The firm had revenue of $9.78 million during the quarter. During the same period last year, the business posted $0.44 EPS.

About First Resource Bancorp

First Resource Bancorp, Inc operates as the bank holding for First Resource Bank that provides personal and business banking products and services to businesses and families primarily in the southeastern area of Pennsylvania. The company's offers savings, checking, and money market accounts, as well as certificate deposit account registry services, insured cash sweeps, certificates of deposit, and IRAs.