First Seacoast Bancorp (NASDAQ:FSEA) Short Interest Down 19.8% in November

First Seacoast Bancorp (NASDAQ:FSEA) was the recipient of a significant decline in short interest in November. As of November 29th, there was short interest totalling 7,300 shares, a decline of 19.8% from the November 14th total of 9,100 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 5,900 shares, the days-to-cover ratio is currently 1.2 days.

Separately, ValuEngine raised shares of First Seacoast Bancorp from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd.

A number of large investors have recently modified their holdings of FSEA. Polaris Capital Management LLC purchased a new stake in First Seacoast Bancorp during the third quarter worth $141,000. Millennium Management LLC bought a new stake in First Seacoast Bancorp during the 3rd quarter valued at $176,000. Stifel Financial Corp purchased a new position in shares of First Seacoast Bancorp in the 3rd quarter valued at $277,000. Finally, Raffles Associates LP purchased a new position in shares of First Seacoast Bancorp in the 3rd quarter valued at $596,000. 8.03% of the stock is owned by institutional investors.

NASDAQ FSEA traded up $0.09 during trading on Friday, reaching $9.35. 12,397 shares of the company’s stock traded hands, compared to its average volume of 6,173. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.21 and a current ratio of 1.21. The company has a 50 day simple moving average of $9.15. First Seacoast Bancorp has a 12-month low of $8.74 and a 12-month high of $10.29.

First Seacoast Bancorp (NASDAQ:FSEA) last released its quarterly earnings data on Thursday, November 14th. The company reported ($0.13) earnings per share (EPS) for the quarter. The firm had revenue of $3.47 million for the quarter.

First Seacoast Bancorp Company Profile

First Seacoast Bancorp operates as a holding company for First Seacoast Bank that provides various banking products and services. It offers various deposit accounts, including non-interest-bearing and interest-bearing checking accounts, savings accounts, money market accounts, and certificates of deposit for individuals and businesses.

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