Short Interest in First Seacoast Bancorp, Inc. (NASDAQ:FSEA) Drops By 39.7%

First Seacoast Bancorp, Inc. (NASDAQ:FSEA - Get Free Report) was the recipient of a large decline in short interest in April. As of April 15th, there was short interest totalling 16,400 shares, a decline of 39.7% from the March 31st total of 27,200 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 11,000 shares, the short-interest ratio is currently 1.5 days.

First Seacoast Bancorp Price Performance

NASDAQ FSEA traded up $0.12 during trading on Friday, reaching $11.15. The company's stock had a trading volume of 709 shares, compared to its average volume of 11,310. The stock has a market capitalization of $52.75 million, a PE ratio of -5.90 and a beta of 0.12. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a fifty day moving average of $11.06 and a 200 day moving average of $10.21. First Seacoast Bancorp has a one year low of $8.46 and a one year high of $11.69.

First Seacoast Bancorp (NASDAQ:FSEA - Get Free Report) last announced its earnings results on Friday, March 21st. The company reported ($0.31) earnings per share (EPS) for the quarter. The company 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%.

Hedge Funds Weigh In On First Seacoast Bancorp

Several institutional investors have recently modified their holdings of FSEA. Geode Capital Management LLC lifted its position in First Seacoast Bancorp by 36.1% in the 3rd quarter. Geode Capital Management LLC now owns 35,854 shares of the company's stock worth $325,000 after buying an additional 9,507 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of First Seacoast Bancorp by 100.0% in the 4th quarter. Farther Finance Advisors LLC now owns 6,000 shares of the company's stock worth $60,000 after acquiring an additional 3,000 shares during the last quarter. Rangeley Capital LLC purchased a new stake in shares of First Seacoast Bancorp in the 4th quarter valued at $131,000. Finally, Renaissance Technologies LLC boosted its stake in shares of First Seacoast Bancorp by 80.7% in the 4th quarter. Renaissance Technologies LLC now owns 19,032 shares of the company's stock valued at $191,000 after purchasing an additional 8,500 shares in the last quarter. 38.38% of the stock is currently owned by institutional investors.

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.