First Seacoast Bancorp, Inc. (NASDAQ:FSEA) Short Interest Down 16.3% in March

First Seacoast Bancorp, Inc. (NASDAQ:FSEA) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 8,700 shares, a decline of 16.3% from the February 28th total of 10,400 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 8,600 shares, the short-interest ratio is currently 1.0 days.

First Seacoast Bancorp Trading Down 1.5 %

FSEA traded down $0.18 during trading on Thursday, reaching $11.38. 2,067 shares of the stock traded hands, compared to its average volume of 11,105. The stock’s 50-day moving average is $10.83 and its 200 day moving average is $9.90. First Seacoast Bancorp has a 12 month low of $8.25 and a 12 month high of $11.69. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.10. The stock has a market capitalization of $53.82 million, a PE ratio of -6.02 and a beta of 0.40.

First Seacoast Bancorp (NASDAQ:FSEA) last announced its earnings results on Friday, March 21st. The company reported ($0.31) EPS for the quarter. The business had revenue of $3.35 million for the quarter. First Seacoast Bancorp had a negative net margin of 35.93% and a negative return on equity of 13.41%.

Institutional Trading of First Seacoast Bancorp

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

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.