1st Colonial Bancorp, Inc. (OTCMKTS:FCOB) Short Interest Up 325.0% in May

1st Colonial Bancorp, Inc. (OTCMKTS:FCOBGet Rating) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 1,700 shares, a growth of 325.0% from the April 30th total of 400 shares. Based on an average trading volume of 14,500 shares, the days-to-cover ratio is currently 0.1 days.

An institutional investor recently bought a new position in 1st Colonial Bancorp stock. First Manhattan Co. bought a new stake in 1st Colonial Bancorp, Inc. (OTCMKTS:FCOBGet Rating) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 452,591 shares of the company’s stock, valued at approximately $4,367,000. First Manhattan Co. owned 9.36% of 1st Colonial Bancorp as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 15.71% of the company’s stock.

Shares of FCOB stock traded down $0.01 during mid-day trading on Friday, reaching $11.45. The stock had a trading volume of 700 shares, compared to its average volume of 6,161. The firm’s 50 day simple moving average is $11.47 and its 200 day simple moving average is $10.68. 1st Colonial Bancorp has a one year low of $9.08 and a one year high of $12.10. The firm has a market cap of $53.40 million, a PE ratio of 7.79 and a beta of 0.97.

1st Colonial Bancorp (OTCMKTS:FCOBGet Rating) last posted its earnings results on Tuesday, April 26th. The company reported $0.34 EPS for the quarter. The company had revenue of $7.25 million for the quarter.

About 1st Colonial Bancorp (Get Rating)

1st Colonial Bancorp, Inc operates as the bank holding company for 1st Colonial Community Bank that provides a range of business and consumer financial services in New Jersey. The company offers various deposit products, including savings accounts, money market accounts, certificates of deposit, club accounts, and business and personal checking accounts.

See Also

Receive News & Ratings for 1st Colonial Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 1st Colonial Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.