Short Interest in First Resource Bancorp, Inc. (OTCMKTS:FRSB) Decreases By 73.3%

First Resource Bancorp, Inc. (OTCMKTS:FRSB) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 164 shares, a drop of 73.3% from the August 15th total of 615 shares. Based on an average daily volume of 1,051 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

First Resource Bancorp Stock Performance

FRSB remained flat at $25.88 on Friday. The company’s fifty day simple moving average is $25.09 and its 200 day simple moving average is $22.92. First Resource Bancorp has a 52-week low of $16.80 and a 52-week high of $25.95. The company has a market cap of $77.90 million, a PE ratio of 7.91 and a beta of 0.08.

First Resource Bancorp (OTCMKTS:FRSB) last posted its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $0.92 earnings per share (EPS) for the quarter. The company had revenue of $8.53 million for the quarter.

About First Resource Bancorp

First Resource Bancorp is a bank holding company headquartered in Hattiesburg, Mississippi, that operates through its primary subsidiary, First Resource Bank. As a community-oriented financial institution, the company focuses on delivering personalized banking solutions to individuals, families and businesses across its service area.

The company’s core offerings include a full suite of deposit products such as checking, savings and money market accounts, as well as certificates of deposit.