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

First Seacoast Bancorp, Inc. (NASDAQ:FSEA - Get Free Report) saw a large growth in short interest in March. As of March 31st, there was short interest totalling 27,200 shares, a growth of 212.6% from the March 15th total of 8,700 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily volume of 11,400 shares, the short-interest ratio is presently 2.4 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in FSEA. Rangeley Capital LLC bought a new position in shares of First Seacoast Bancorp in the fourth quarter worth about $131,000. Geode Capital Management LLC lifted its holdings in 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 buying an additional 9,507 shares in the last quarter. Renaissance Technologies LLC boosted its position in 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 buying an additional 8,500 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake 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 valued at $60,000 after buying an additional 3,000 shares during the period. 38.38% of the stock is owned by institutional investors.

First Seacoast Bancorp Price Performance

FSEA stock traded down $0.02 during trading on Friday, hitting $10.85. 2,363 shares of the stock traded hands, compared to its average volume of 11,502. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.10. The stock has a market cap of $51.33 million, a price-to-earnings ratio of -5.74 and a beta of 0.06. First Seacoast Bancorp has a one year low of $8.30 and a one year high of $11.69. The company has a 50 day simple moving average of $11.01 and a 200 day simple moving average of $10.07.

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

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.