First Resource Bancorp, Inc. (OTCMKTS:FRSB) Shares Shorted: Short Interest Down 44.6% in September

by · The Cerbat Gem

First Resource Bancorp, Inc. (OTCMKTS:FRSB – Get Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 150 shares, a decrease of 44.6% from the September 15th total of 271 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 435 shares, the short-interest ratio is presently 0.3 days.

First Resource Bancorp Stock Performance

FRSB stock remained flat at $25.99 on Friday. The company had a trading volume of 684 shares, compared to its average volume of 353. The stock has a market capitalization of $78.23 million, a price-to-earnings ratio of 7.95 and a beta of 0.07. The company has a 50-day moving average price of $25.56 and a two-hundred day moving average price of $23.79. First Resource Bancorp has a 12 month low of $17.10 and a 12 month high of $26.50.

First Resource Bancorp (OTCMKTS:FRSB – Get Free Report) last posted its 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 for the quarter.

About First Resource Bancorp

(Get Free Report)

First Resource Bancorp, Inc is a bank holding company for First Resource Bank, a community-focused financial institution headquartered in Exton, Pennsylvania. The bank serves individuals, businesses and organizations primarily in southeastern Pennsylvania.

First Resource Bank provides traditional banking products and services, including checking and savings accounts, certificates of deposit, commercial and residential real estate lending, business loans, consumer loans and lines of credit.

See Also