First Seacoast Bancorp Inc. (NASDAQ:FSEA) Stock Short Interest Report for September

First Seacoast Bancorp Inc. (NASDAQ:FSEA) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 9,535 shares, a decrease of 35.8% from the September 15th total of 14,860 shares. Based on an average daily trading volume, of 12,463 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the shares of the company are short sold.

First Seacoast Bancorp Price Performance

Shares of NASDAQ:FSEA opened at $17.25 on Friday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $81.14 million, a PE ratio of -431.25 and a beta of 0.16. First Seacoast Bancorp has a twelve month low of $11.07 and a twelve month high of $17.25. The company has a 50-day moving average price of $17.18 and a two-hundred day moving average price of $16.15.

First Seacoast Bancorp (NASDAQ:FSEA) last posted its earnings results on Friday, August 7th. The company reported $0.05 earnings per share for the quarter. First Seacoast Bancorp had a net margin of 0.15% and a return on equity of 0.07%. The firm had revenue of $4.14 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded First Seacoast Bancorp from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 13th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Longfellow Investment Management Co. LLC bought a new position in First Seacoast Bancorp in the 2nd quarter worth approximately $153,000. BlackRock Inc. purchased a new position in First Seacoast Bancorp in the 2nd quarter valued at approximately $211,000. Susquehanna International Group LLP purchased a new position in First Seacoast Bancorp in the 2nd quarter valued at approximately $226,000. PenderFund Capital Management Ltd. bought a new stake in First Seacoast Bancorp during the 2nd quarter valued at $300,000. Finally, Pallas Capital Advisors LLC bought a new stake in First Seacoast Bancorp during the 2nd quarter valued at $325,000. 38.38% of the stock is owned by institutional investors.

About First Seacoast Bancorp

First Seacoast Bancorp, Inc is the bank holding company for First Seacoast Bank, a community-oriented financial institution headquartered in Dover, New Hampshire. The bank serves individuals, families, and businesses in the Seacoast region of New Hampshire and southern Maine through branch locations and digital banking services.

First Seacoast Bank provides a range of banking products, including checking and savings accounts, certificates of deposit, residential mortgage loans, home equity financing, commercial real estate loans, commercial and industrial lending, and consumer loans.