First Seacoast Bancorp, Inc. (NASDAQ:FSEA) Short Interest Update

First Seacoast Bancorp, Inc. (NASDAQ:FSEA) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 10,400 shares, a drop of 45.5% from the February 13th total of 19,100 shares. Based on an average trading volume of 9,600 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.3% of the shares of the stock are sold short.

First Seacoast Bancorp Price Performance

Shares of NASDAQ FSEA traded down $0.20 during midday trading on Friday, hitting $10.97. 624 shares of the company’s stock were exchanged, compared to its average volume of 10,886. The business’s fifty day moving average price is $10.46 and its two-hundred day moving average price is $9.71. The company has a market cap of $51.48 million, a price-to-earnings ratio of -5.80 and a beta of 0.40. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.10. First Seacoast Bancorp has a 12-month low of $8.15 and a 12-month high of $11.30.

Hedge Funds Weigh In On First Seacoast Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the stock. RBF Capital LLC bought a new stake in shares of First Seacoast Bancorp during the 3rd quarter worth $363,000. Geode Capital Management LLC raised its position in First Seacoast Bancorp by 36.1% during 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 in the last quarter. Farther Finance Advisors LLC lifted its stake in First Seacoast Bancorp by 100.0% during the fourth quarter. Farther Finance Advisors LLC now owns 6,000 shares of the company’s stock worth $60,000 after purchasing an additional 3,000 shares during the last quarter. Rangeley Capital LLC bought a new stake in First Seacoast Bancorp during the fourth quarter worth about $131,000. Finally, Renaissance Technologies LLC boosted its holdings in shares of First Seacoast Bancorp by 80.7% in the 4th quarter. Renaissance Technologies LLC now owns 19,032 shares of the company’s stock worth $191,000 after purchasing an additional 8,500 shares in the last quarter. Hedge funds and other institutional investors own 38.38% of the company’s stock.

First Seacoast Bancorp Company Profile

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.