First Resource Bancorp, Inc. (OTCMKTS:FRSB) Short Interest Up 1,000.0% in November

by · The Cerbat Gem

First Resource Bancorp, Inc. (OTCMKTS:FRSB – Get Free Report) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 2,200 shares, an increase of 1,000.0% from the October 31st total of 200 shares. Based on an average daily trading volume, of 1,900 shares, the days-to-cover ratio is presently 1.2 days.

First Resource Bancorp Price Performance

First Resource Bancorp stock traded down $0.10 during trading hours on Friday, hitting $15.00. The company had a trading volume of 4,040 shares, compared to its average volume of 2,290. The firm has a market capitalization of $45.15 million, a P/E ratio of 7.77 and a beta of 0.42. The firm’s fifty day moving average is $14.57 and its 200-day moving average is $13.93. First Resource Bancorp has a fifty-two week low of $10.95 and a fifty-two week high of $15.25.

First Resource Bancorp (OTCMKTS:FRSB – Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.53 EPS for the quarter. The business had revenue of $9.78 million for the quarter. During the same quarter last year, the business posted $0.44 EPS.

First Resource Bancorp Company Profile

(Get Free Report)

First Resource Bancorp, Inc operates as the bank holding for First Resource Bank that provides personal and business banking products and services to businesses and families primarily in the southeastern area of Pennsylvania. The company's offers savings, checking, and money market accounts, as well as certificate deposit account registry services, insured cash sweeps, certificates of deposit, and IRAs.

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