First Resource Bancorp, Inc. (OTCMKTS:FRSB) Sees Large Increase in Short Interest

First Resource Bancorp, Inc. (OTCMKTS:FRSB) saw a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 420 shares, an increase of 320.0% from the October 15th total of 100 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,246 shares, the short-interest ratio is currently 0.3 days.

First Resource Bancorp Stock Performance

First Resource Bancorp stock opened at $27.83 on Friday. The firm has a 50 day simple moving average of $26.35 and a 200 day simple moving average of $23.52. First Resource Bancorp has a 1-year low of $18.00 and a 1-year high of $27.83. The firm has a market capitalization of $83.77 million, a price-to-earnings ratio of 7.95 and a beta of 0.05.

First Resource Bancorp (OTCMKTS:FRSB) last posted its earnings results on Monday, October 26th. The financial services provider reported $0.98 earnings per share (EPS) for the quarter. The company had revenue of $8.85 million for the quarter.

About First Resource Bancorp

First Resource Bancorp, Inc. is a bank holding company for First Resource Bank, a community banking institution headquartered in Exton, Pennsylvania. The bank provides financial services to individuals, families, small businesses and commercial customers in the communities it serves. Its products and services include deposit accounts such as checking, savings, money market accounts and certificates of deposit, along with commercial and residential real estate loans, construction financing, home equity products, small-business loans and consumer lending.