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

First Seacoast Bancorp Inc. (NASDAQ:FSEA) was the recipient of a large 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. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 1,635 shares, the days-to-cover ratio is presently 4.6 days. Based on an average daily volume of 1,635 shares, the days-to-cover ratio is presently 4.6 days. Currently, 0.2% of the company’s shares are short sold.

First Seacoast Bancorp Stock Performance

FSEA stock opened at $12.81 on Wednesday. First Seacoast Bancorp has a 1-year low of $9.53 and a 1-year high of $15.00. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.82. The stock has a 50-day moving average price of $12.06 and a 200-day moving average price of $11.66. The firm has a market cap of $60.15 million, a PE ratio of -25.61 and a beta of 0.08.

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

Analysts Set New Price Targets

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

Insiders Place Their Bets

In other news, CFO Richard M. Donovan acquired 2,322 shares of First Seacoast Bancorp stock in a transaction dated Tuesday, December 9th. The stock was bought at an average cost of $12.23 per share, with a total value of $28,398.06. Following the completion of the transaction, the chief financial officer directly owned 5,325 shares of the company’s stock, valued at approximately $65,124.75. This represents a 77.32% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 7.82% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On First Seacoast Bancorp

An institutional investor recently raised its position in First Seacoast Bancorp stock. Polaris Capital Management LLC raised its position in shares of First Seacoast Bancorp Inc. (NASDAQ:FSEA) by 28.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 90,537 shares of the company’s stock after purchasing an additional 19,900 shares during the period. Polaris Capital Management LLC owned approximately 1.92% of First Seacoast Bancorp worth $1,031,000 at the end of the most recent reporting period. Institutional investors own 38.38% of the company’s stock.

First Seacoast Bancorp Company Profile

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.