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

First Resource Bancorp, Inc. (OTCMKTS:FRSB) saw a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 100 shares, a decrease of 50.0% from the January 15th total of 200 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is currently 0.1 days.

First Resource Bancorp Price Performance

First Resource Bancorp stock remained flat at $15.00 during midday trading on Friday. The firm has a market capitalization of $45.15 million, a price-to-earnings ratio of 8.62 and a beta of 0.38. The stock’s fifty day simple moving average is $15.41 and its two-hundred day simple moving average is $14.71. First Resource Bancorp has a 1 year low of $12.89 and a 1 year high of $16.50.

First Resource Bancorp (OTCMKTS:FRSB) last announced its quarterly earnings results on Friday, January 24th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter.

First Resource Bancorp Company Profile

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.