First Seacoast Bancorp, Inc. (NASDAQ:FSEA) Short Interest Up 16.3% in June

First Seacoast Bancorp, Inc. (NASDAQ:FSEA) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 5,000 shares, a growth of 16.3% from the May 31st total of 4,300 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 9,600 shares, the days-to-cover ratio is currently 0.5 days.

First Seacoast Bancorp Trading Down 1.1 %

Shares of FSEA opened at $9.00 on Monday. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.52. First Seacoast Bancorp has a 12-month low of $6.25 and a 12-month high of $9.44. The firm has a 50-day moving average price of $8.97 and a 200 day moving average price of $8.57. The firm has a market capitalization of $45.72 million, a P/E ratio of -3.41 and a beta of 0.46.

First Seacoast Bancorp (NASDAQ:FSEA) last announced its earnings results on Friday, May 10th. The company reported ($0.24) earnings per share for the quarter. The company had revenue of $3.19 million for the quarter. First Seacoast Bancorp had a negative return on equity of 18.08% and a negative net margin of 64.07%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of FSEA. FNY Investment Advisers LLC purchased a new position in shares of First Seacoast Bancorp in the fourth quarter valued at approximately $80,000. Wittenberg Investment Management Inc. purchased a new position in shares of First Seacoast Bancorp in the fourth quarter valued at approximately $159,000. Kennedy Capital Management LLC boosted its stake in shares of First Seacoast Bancorp by 17.1% in the third quarter. Kennedy Capital Management LLC now owns 52,741 shares of the company’s stock valued at $389,000 after purchasing an additional 7,712 shares during the period. Finally, Vanguard Group Inc. boosted its stake in shares of First Seacoast Bancorp by 154.8% in the first quarter. Vanguard Group Inc. now owns 207,779 shares of the company’s stock valued at $1,741,000 after purchasing an additional 126,220 shares during the period. Hedge funds and other institutional investors own 38.38% of the company’s stock.

About First Seacoast Bancorp

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.