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

First Seacoast Bancorp Inc. (NASDAQ:FSEA) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 7,514 shares, a growth of 26.0% from the November 30th total of 5,962 shares. Based on an average daily trading volume, of 1,635 shares, the short-interest ratio is presently 4.6 days. Approximately 0.2% of the shares of the company are sold short. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 1,635 shares, the short-interest ratio is presently 4.6 days.

First Seacoast Bancorp Price Performance

First Seacoast Bancorp stock opened at $12.81 on Wednesday. First Seacoast Bancorp has a 52-week low of $9.53 and a 52-week high of $15.00. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.82. The firm’s fifty day moving average is $12.06 and its 200 day moving average is $11.66. The company has a market cap of $60.15 million, a price-to-earnings ratio of -25.61 and a beta of 0.08.

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

Insider Activity at First Seacoast Bancorp

In other news, CFO Richard M. Donovan bought 2,322 shares of the stock in a transaction on Tuesday, December 9th. The shares were bought at an average price of $12.23 per share, with a total value of $28,398.06. Following the completion of the acquisition, the chief financial officer 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 acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 7.82% of the stock is owned by company insiders.

Hedge Funds Weigh In On First Seacoast Bancorp

A hedge fund recently raised its stake in First Seacoast Bancorp stock. Polaris Capital Management LLC increased its stake in First Seacoast Bancorp Inc. (NASDAQ:FSEA) by 28.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 90,537 shares of the company’s stock after buying an additional 19,900 shares during the quarter. Polaris Capital Management LLC owned about 1.92% of First Seacoast Bancorp worth $1,031,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 38.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of First Seacoast Bancorp in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

About First Seacoast Bancorp

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.