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

First Seacoast Bancorp, Inc. (NASDAQ:FSEA) was the target of a large drop in short interest in 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 daily trading volume, of 9,600 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.3% of the shares of the stock are sold short.

First Seacoast Bancorp Price Performance

NASDAQ FSEA traded down $0.11 during trading on Friday, hitting $11.05. 414 shares of the stock traded hands, compared to its average volume of 10,414. The company has a market capitalization of $51.88 million, a P/E ratio of -5.85 and a beta of 0.40. The firm has a 50-day simple moving average of $10.44 and a 200-day simple moving average of $9.69. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.10. First Seacoast Bancorp has a 12-month low of $8.13 and a 12-month high of $11.30.

Hedge Funds Weigh In On First Seacoast Bancorp

Institutional investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its stake in shares of First Seacoast Bancorp by 36.1% in the 3rd 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 last quarter. RBF Capital LLC bought a new stake in shares of First Seacoast Bancorp during the 3rd quarter worth approximately $363,000. Renaissance Technologies LLC lifted its stake in shares of 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 during the 4th quarter worth approximately $131,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of First Seacoast Bancorp by 100.0% during the 4th quarter. Farther Finance Advisors LLC now owns 6,000 shares of the company’s stock worth $60,000 after acquiring an additional 3,000 shares during 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.