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

First Resource Bancorp, Inc. (OTCMKTS:FRSB) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 100 shares, a growth of ∞ from the May 31st total of 0 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 4,315 shares, the days-to-cover ratio is currently 0.0 days.

First Resource Bancorp Price Performance

First Resource Bancorp stock remained flat at $23.50 during midday trading on Wednesday. The company’s stock had a trading volume of 100 shares, compared to its average volume of 1,408. The firm has a market capitalization of $70.73 million, a PE ratio of 7.89 and a beta of 0.09. The stock’s 50-day simple moving average is $22.36 and its 200-day simple moving average is $21.19. First Resource Bancorp has a 52 week low of $15.01 and a 52 week high of $23.50.

First Resource Bancorp (OTCMKTS:FRSB) last issued its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $0.82 earnings per share for the quarter. The business had revenue of $7.89 million for the quarter.

About First Resource Bancorp

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.