First Seacoast Bancorp, Inc. (NASDAQ:FSEA) Short Interest Update

First Seacoast Bancorp, Inc. (NASDAQ:FSEA) saw a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 10,400 shares, a drop of 45.5% from the February 13th total of 19,100 shares. Based on an average daily volume of 9,600 shares, the short-interest ratio is presently 1.1 days. Currently, 0.3% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of FSEA. RBF Capital LLC bought a new position in First Seacoast Bancorp during the 3rd quarter worth approximately $363,000. Geode Capital Management LLC boosted its stake in shares of First Seacoast Bancorp by 36.1% during the third quarter. Geode Capital Management LLC now owns 35,854 shares of the company’s stock valued at $325,000 after purchasing an additional 9,507 shares during the period. Renaissance Technologies LLC grew its holdings in shares of First Seacoast Bancorp by 80.7% in the fourth quarter. Renaissance Technologies LLC now owns 19,032 shares of the company’s stock worth $191,000 after purchasing an additional 8,500 shares during the last quarter. Rangeley Capital LLC purchased a new position in shares of First Seacoast Bancorp in the fourth quarter worth $131,000. Finally, Farther Finance Advisors LLC raised its holdings in First Seacoast Bancorp by 100.0% during the 4th quarter. Farther Finance Advisors LLC now owns 6,000 shares of the company’s stock valued at $60,000 after buying an additional 3,000 shares during the last quarter. Hedge funds and other institutional investors own 38.38% of the company’s stock.

First Seacoast Bancorp Trading Down 1.7 %

NASDAQ:FSEA traded down $0.20 during trading hours on Friday, reaching $10.97. The company’s stock had a trading volume of 624 shares, compared to its average volume of 10,886. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.01 and a current ratio of 1.01. The firm has a market capitalization of $51.48 million, a price-to-earnings ratio of -5.80 and a beta of 0.40. The firm has a 50-day simple moving average of $10.46 and a 200-day simple moving average of $9.71. First Seacoast Bancorp has a 1 year low of $8.15 and a 1 year high of $11.30.

First Seacoast Bancorp Company Profile

First Seacoast Bancorp, Inc operates as the holding company for First Seacoast Bank that provides commercial and consumer banking services for individuals and businesses. The company offers interest-bearing and non-interest-bearing checking, savings, and money market accounts, as well as time deposits.