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

First Resource Bancorp, Inc. (OTCMKTS:FRSB) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 909 shares, a growth of 116.4% from the June 30th total of 420 shares. Based on an average daily volume of 506 shares, the short-interest ratio is presently 1.8 days. Approximately 0.0% of the shares of the company are short sold.

First Resource Bancorp Price Performance

Shares of First Resource Bancorp stock remained flat at $25.76 during trading on Wednesday. The company’s 50-day simple moving average is $23.37 and its two-hundred day simple moving average is $21.87. The company has a market cap of $77.54 million, a price-to-earnings ratio of 7.88 and a beta of 0.08. First Resource Bancorp has a 12-month low of $16.25 and a 12-month high of $25.76.

First Resource Bancorp (OTCMKTS:FRSB) last posted its quarterly earnings data 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.

First Resource Bancorp Company Profile

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.