Short Interest in First Seacoast Bancorp (NASDAQ:FSEA) Drops By 25.0%

First Seacoast Bancorp (NASDAQ:FSEA – Get Rating) was the recipient of a significant decline in short interest in April. As of April 30th, there was short interest totalling 300 shares, a decline of 25.0% from the April 15th total of 400 shares. Based on an average daily trading volume, of 6,800 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

FSEA traded down $0.06 on Monday, hitting $10.51. 3,172 shares of the company were exchanged, compared to its average volume of 7,097. First Seacoast Bancorp has a fifty-two week low of $9.23 and a fifty-two week high of $11.07. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.97 and a current ratio of 0.97. The firm has a market capitalization of $64.11 million, a P/E ratio of 23.49 and a beta of 0.67. The business’s fifty day moving average is $10.48 and its 200 day moving average is $10.32.

First Seacoast Bancorp (NASDAQ:FSEA – Get Rating) last announced its quarterly earnings results on Friday, March 25th. The company reported $0.07 EPS for the quarter. First Seacoast Bancorp had a return on equity of 4.38% and a net margin of 14.77%. The business had revenue of $3.77 million for the quarter.

Separately, TheStreet lowered shares of First Seacoast Bancorp from a “b” rating to a “c” rating in a research report on Tuesday, April 26th.

A hedge fund recently bought a new stake in First Seacoast Bancorp stock. M3F Inc. purchased a new stake in First Seacoast Bancorp (NASDAQ:FSEA – Get Rating) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 28,865 shares of the company’s stock, valued at approximately $280,000. M3F Inc. owned approximately 0.48% of First Seacoast Bancorp at the end of the most recent reporting period. 5.89% of the stock is owned by institutional investors.

About First Seacoast Bancorp (Get Rating)

First Seacoast Bancorp operates as a holding company for First Seacoast Bank that provides various banking products and services for individuals and businesses. The company offers interest-bearing and non-interest-bearing checking, savings, and money market accounts; and time deposits. It also provides various lending products comprising one- to four-family residential real estate loans; commercial real estate and multi-family loans; acquisition, development, and land loans; commercial and industrial loans; home equity loans and lines of credit; and consumer loans.

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