First Seacoast Bancorp, Inc. (NASDAQ:FSEA) Sees Large Decline in Short Interest

First Seacoast Bancorp, Inc. (NASDAQ:FSEA - Get Free Report) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 10,400 shares, a decline of 45.5% from the February 13th total of 19,100 shares. Based on an average trading volume of 9,600 shares, the short-interest ratio is currently 1.1 days. Approximately 0.3% of the shares of the stock are short sold.

First Seacoast Bancorp Price Performance

NASDAQ:FSEA traded up $0.12 during mid-day trading on Tuesday, hitting $11.12. 663 shares of the stock traded hands, compared to its average volume of 10,839. The business's 50-day moving average price is $10.50 and its 200 day moving average price is $9.74. The company has a market cap of $52.21 million, a PE ratio of -5.88 and a beta of 0.40. First Seacoast Bancorp has a 12-month low of $8.15 and a 12-month high of $11.30. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.10.

Institutional Investors Weigh In On First Seacoast Bancorp

Hedge funds have recently made changes to their positions in the business. 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. Rangeley Capital LLC purchased a new stake in shares of First Seacoast Bancorp in the 4th quarter worth about $131,000. Renaissance Technologies LLC increased 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 worth $191,000 after acquiring an additional 8,500 shares in the last quarter. Geode Capital Management LLC increased 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 worth $325,000 after acquiring an additional 9,507 shares in the last quarter. Finally, RBF Capital LLC bought a new position in shares of First Seacoast Bancorp in the 3rd quarter worth about $363,000. 38.38% of the stock is currently owned by institutional investors.

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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.