First Seacoast Bancorp, Inc. (NASDAQ:FSEA) Short Interest Up 122.1% in February

First Seacoast Bancorp, Inc. (NASDAQ:FSEA) was the target of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 19,100 shares, a growth of 122.1% from the January 31st total of 8,600 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average trading volume of 9,600 shares, the short-interest ratio is presently 2.0 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC grew its holdings in First Seacoast Bancorp by 80.7% during the 4th quarter. Renaissance Technologies LLC now owns 19,032 shares of the company’s stock worth $191,000 after acquiring an additional 8,500 shares during the last quarter. Rangeley Capital LLC bought a new stake in shares of First Seacoast Bancorp in the fourth quarter worth $131,000. Farther Finance Advisors LLC increased its holdings in First Seacoast Bancorp by 100.0% in the fourth quarter. Farther Finance Advisors LLC now owns 6,000 shares of the company’s stock valued at $60,000 after purchasing an additional 3,000 shares during the period. Geode Capital Management LLC increased its holdings in First Seacoast Bancorp by 36.1% in the third quarter. Geode Capital Management LLC now owns 35,854 shares of the company’s stock valued at $325,000 after purchasing an additional 9,507 shares during the period. Finally, RBF Capital LLC bought a new position in First Seacoast Bancorp during the 3rd quarter worth $363,000. Institutional investors own 38.38% of the company’s stock.

First Seacoast Bancorp Trading Up 1.4 %

First Seacoast Bancorp stock traded up $0.15 during trading hours on Friday, hitting $10.90. The stock had a trading volume of 22,549 shares, compared to its average volume of 11,256. The business’s 50 day simple moving average is $10.27 and its 200-day simple moving average is $9.59. First Seacoast Bancorp has a one year low of $8.05 and a one year high of $11.30. The stock has a market cap of $51.18 million, a price-to-earnings ratio of -5.77 and a beta of 0.42. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.10.

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.