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.
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.
Featured Article: Balanced Fund
Receive News & Ratings for First Seacoast Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Seacoast Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.