First Seacoast Bancorp Inc. (NASDAQ:FSEA) Sees Large Increase in Short Interest

First Seacoast Bancorp Inc. (NASDAQ:FSEA) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 6,002 shares, a growth of 30.7% from the December 31st total of 4,593 shares. Based on an average trading volume of 1,495 shares, the short-interest ratio is currently 4.0 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 1,495 shares, the short-interest ratio is currently 4.0 days.

First Seacoast Bancorp Stock Up 1.1%

NASDAQ:FSEA opened at $12.92 on Wednesday. First Seacoast Bancorp has a 52 week low of $10.10 and a 52 week high of $15.00. The stock’s fifty day moving average is $12.66 and its two-hundred day moving average is $11.94. The stock has a market capitalization of $60.70 million, a price-to-earnings ratio of -25.83 and a beta of 0.08. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.82.

First Seacoast Bancorp (NASDAQ:FSEA) last issued its quarterly earnings data on Friday, November 14th. The company reported $0.08 earnings per share for the quarter. First Seacoast Bancorp had a negative return on equity of 3.50% and a negative net margin of 7.66%.The business had revenue of $3.99 million during the quarter.

Insiders Place Their Bets

In other First Seacoast Bancorp news, CFO Richard M. Donovan bought 2,322 shares of the business’s stock in a transaction on Tuesday, December 9th. The stock was bought at an average price of $12.23 per share, with a total value of $28,398.06. Following the completion of the purchase, the chief financial officer directly owned 5,325 shares in the company, valued at $65,124.75. The trade was a 77.32% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 7.82% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of First Seacoast Bancorp in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, First Seacoast Bancorp currently has a consensus rating of “Sell”.

First Seacoast Bancorp Company Profile

First Seacoast Bancorp is the bank holding company for First Seacoast Bank, a regional financial institution headquartered in Dover, New Hampshire. The company provides a comprehensive range of banking products and services designed to meet the needs of individuals, families and businesses. Through its community-focused approach, First Seacoast Bancorp emphasizes personalized customer service and local decision-making.

The company’s retail offerings include deposit accounts such as checking, savings, money market and certificate of deposit products, along with consumer lending solutions including residential mortgages, home equity lines of credit and vehicle financing.