Short Interest in First Seacoast Bancorp Inc. (NASDAQ:FSEA) Drops By 24.6%

First Seacoast Bancorp Inc. (NASDAQ:FSEA) saw a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 4,327 shares, a drop of 24.6% from the January 29th total of 5,736 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,654 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 5,654 shares, the short-interest ratio is currently 0.8 days. Approximately 0.1% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of First Seacoast Bancorp in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, First Seacoast Bancorp currently has a consensus rating of “Sell”.

Insider Transactions at First Seacoast Bancorp

In other First Seacoast Bancorp news, CFO Richard M. Donovan bought 2,322 shares of First Seacoast Bancorp stock in a transaction that occurred on Tuesday, December 9th. The stock was acquired at an average cost of $12.23 per share, for a total transaction of $28,398.06. Following the completion of the transaction, the chief financial officer directly owned 5,325 shares in the company, valued at $65,124.75. This represents a 77.32% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 7.82% of the company’s stock.

First Seacoast Bancorp Price Performance

Shares of First Seacoast Bancorp stock traded up $0.03 during trading on Monday, hitting $13.04. 397 shares of the stock traded hands, compared to its average volume of 3,738. The stock has a market cap of $61.29 million, a price-to-earnings ratio of -26.08 and a beta of 0.07. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.82. First Seacoast Bancorp has a 52 week low of $10.13 and a 52 week high of $15.00. The firm’s fifty day moving average is $12.96 and its 200-day moving average is $12.15.

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.