First Resource Bancorp, Inc. (OTCMKTS:FRSB) Sees Significant Decrease in Short Interest

First Resource Bancorp, Inc. (OTCMKTS:FRSBGet Free Report) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 615 shares, a decrease of 44.0% from the July 30th total of 1,099 shares. Based on an average daily volume of 3,425 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

First Resource Bancorp Stock Performance

Shares of FRSB stock traded up $0.15 on Monday, hitting $25.95. The stock had a trading volume of 100 shares, compared to its average volume of 5,394. First Resource Bancorp has a 52-week low of $16.75 and a 52-week high of $25.95. The firm has a market capitalization of $78.11 million, a price-to-earnings ratio of 7.94 and a beta of 0.07. The stock’s 50 day moving average is $24.59 and its 200-day moving average is $22.60.

First Resource Bancorp (OTCMKTS:FRSBGet Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $0.92 earnings per share for the quarter. The firm had revenue of $8.53 million during the quarter.

About First Resource Bancorp

(Get Free Report)

First Resource Bancorp is a bank holding company headquartered in Hattiesburg, Mississippi, that operates through its primary subsidiary, First Resource Bank. As a community-oriented financial institution, the company focuses on delivering personalized banking solutions to individuals, families and businesses across its service area.

The company’s core offerings include a full suite of deposit products such as checking, savings and money market accounts, as well as certificates of deposit.

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