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

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

Institutional Trading of First Seacoast Bancorp

Several large investors have recently made changes to their positions in the company. Farther Finance Advisors LLC boosted its holdings 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 during the last quarter. Rangeley Capital LLC purchased a new stake in First Seacoast Bancorp in the fourth quarter valued at $131,000. Renaissance Technologies LLC lifted 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 during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of First Seacoast Bancorp by 36.1% during the 3rd quarter. Geode Capital Management LLC now owns 35,854 shares of the company's stock worth $325,000 after purchasing an additional 9,507 shares during the period. 38.38% of the stock is currently owned by hedge funds and other institutional investors.

First Seacoast Bancorp Trading Up 0.0 %

NASDAQ:FSEA traded up $0.01 during mid-day trading on Friday, reaching $11.04. 836 shares of the company's stock traded hands, compared to its average volume of 11,241. The company has a 50 day moving average price of $11.06 and a 200-day moving average price of $10.19. First Seacoast Bancorp has a 12-month low of $8.46 and a 12-month high of $11.69. The firm has a market capitalization of $52.21 million, a price-to-earnings ratio of -5.84 and a beta of 0.06. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.01 and a quick ratio of 1.01.

First Seacoast Bancorp (NASDAQ:FSEA - Get Free Report) last posted its quarterly earnings data 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%.

About First Seacoast Bancorp

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.