Short Interest in First Seacoast Bancorp, Inc. (NASDAQ:FSEA) Increases By 40.0%

First Seacoast Bancorp, Inc. (NASDAQ:FSEA) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 9,100 shares, a growth of 40.0% from the August 31st total of 6,500 shares. Based on an average daily volume of 12,600 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the company’s shares are short sold.

First Seacoast Bancorp Trading Up 0.3 %

Shares of NASDAQ FSEA traded up $0.03 during midday trading on Friday, reaching $9.13. The stock had a trading volume of 288 shares, compared to its average volume of 13,049. The company’s 50 day moving average price is $9.22 and its 200 day moving average price is $8.97. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.02 and a current ratio of 1.02. First Seacoast Bancorp has a twelve month low of $6.25 and a twelve month high of $9.49. The firm has a market cap of $46.35 million, a price-to-earnings ratio of -3.46 and a beta of 0.45.

First Seacoast Bancorp (NASDAQ:FSEA) last released its earnings results on Friday, August 9th. The company reported $0.42 earnings per share (EPS) for the quarter. First Seacoast Bancorp had a negative net margin of 42.33% and a negative return on equity of 14.79%. The business had revenue of $5.92 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in First Seacoast Bancorp stock. Wittenberg Investment Management Inc. bought a new position in First Seacoast Bancorp, Inc. (NASDAQ:FSEA) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 20,735 shares of the company’s stock, valued at approximately $159,000. Wittenberg Investment Management Inc. owned approximately 0.41% of First Seacoast Bancorp as of its most recent filing with the Securities and Exchange Commission (SEC). 38.38% of the stock is currently owned by institutional investors.

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.