First Seacoast Bancorp, Inc. (NASDAQ:FSEA) Short Interest Up 16.3% in June

First Seacoast Bancorp, Inc. (NASDAQ:FSEA) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 5,000 shares, a growth of 16.3% from the May 31st total of 4,300 shares. Based on an average daily trading volume, of 9,600 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the company’s shares are sold short.

First Seacoast Bancorp Stock Down 1.1 %

Shares of FSEA opened at $8.90 on Wednesday. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.52. The business’s fifty day moving average price is $8.98 and its two-hundred day moving average price is $8.59. First Seacoast Bancorp has a 52 week low of $6.25 and a 52 week high of $9.44.

First Seacoast Bancorp (NASDAQ:FSEA) last announced its quarterly earnings data on Friday, May 10th. The company reported ($0.24) EPS for the quarter. First Seacoast Bancorp had a negative net margin of 64.07% and a negative return on equity of 18.08%. The firm had revenue of $3.19 million during the quarter.

Institutional Trading of First Seacoast Bancorp

Several hedge funds have recently added to or reduced their stakes in the business. FNY Investment Advisers LLC acquired a new stake in shares of First Seacoast Bancorp in the fourth quarter valued at about $80,000. Wittenberg Investment Management Inc. acquired a new stake in shares of First Seacoast Bancorp in the fourth quarter valued at about $159,000. Kennedy Capital Management LLC increased its position in shares of First Seacoast Bancorp by 17.1% in the third quarter. Kennedy Capital Management LLC now owns 52,741 shares of the company’s stock valued at $389,000 after acquiring an additional 7,712 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in shares of First Seacoast Bancorp by 154.8% in the first quarter. Vanguard Group Inc. now owns 207,779 shares of the company’s stock valued at $1,741,000 after acquiring an additional 126,220 shares during the last quarter. Institutional investors and hedge funds own 38.38% of the company’s stock.

About First Seacoast Bancorp

First Seacoast Bancorp, Inc operates as the holding company for First Seacoast Bank that provides commercial and consumer banking services for individuals and businesses. The company offers interest-bearing and non-interest-bearing checking, savings, and money market accounts, as well as time deposits.