First Seacoast Bancorp, Inc. (NASDAQ:FSEA) Short Interest Down 16.3% in March

First Seacoast Bancorp, Inc. (NASDAQ:FSEA) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 8,700 shares, a decrease of 16.3% from the February 28th total of 10,400 shares. Based on an average trading volume of 8,600 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Trading of First Seacoast Bancorp

A number of institutional investors and hedge funds have recently modified their holdings of FSEA. Farther Finance Advisors LLC lifted its position 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 buying an additional 3,000 shares during the period. Rangeley Capital LLC bought a new stake in First Seacoast Bancorp during the fourth quarter worth about $131,000. Renaissance Technologies LLC increased its holdings in shares of First Seacoast Bancorp by 80.7% during the fourth quarter. Renaissance Technologies LLC now owns 19,032 shares of the company’s stock worth $191,000 after buying an additional 8,500 shares in the last quarter. Geode Capital Management LLC boosted its holdings 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 acquired a new stake in First Seacoast Bancorp during the 3rd quarter valued at $363,000. 38.38% of the stock is currently owned by institutional investors.

First Seacoast Bancorp Price Performance

FSEA stock remained flat at $11.55 on Wednesday. 2,067 shares of the company were exchanged, compared to its average volume of 11,125. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.10. First Seacoast Bancorp has a fifty-two week low of $8.25 and a fifty-two week high of $11.69. The company has a 50 day simple moving average of $10.80 and a two-hundred day simple moving average of $9.89. The stock has a market capitalization of $54.64 million, a price-to-earnings ratio of -6.11 and a beta of 0.40.

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

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.