First Resource Bancorp, Inc. (OTCMKTS:FRSB) Sees Significant Drop in Short Interest

First Resource Bancorp, Inc. (OTCMKTS:FRSB) was the target of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 100 shares, a drop of 50.0% from the January 15th total of 200 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is currently 0.1 days.

First Resource Bancorp Stock Performance

First Resource Bancorp stock remained flat at $15.00 during midday trading on Friday. The business has a 50 day moving average of $15.41 and a 200-day moving average of $14.71. First Resource Bancorp has a 1 year low of $12.89 and a 1 year high of $16.50. The firm has a market capitalization of $45.15 million, a PE ratio of 8.62 and a beta of 0.38.

First Resource Bancorp (OTCMKTS:FRSB) last released its quarterly earnings data on Friday, January 24th. The financial services provider reported $0.34 EPS for the quarter.

About First Resource Bancorp

First Resource Bancorp, Inc operates as the bank holding for First Resource Bank that provides personal and business banking products and services to businesses and families primarily in the southeastern area of Pennsylvania. The company's offers savings, checking, and money market accounts, as well as certificate deposit account registry services, insured cash sweeps, certificates of deposit, and IRAs.