Short Interest in First Resource Bancorp, Inc. (OTCMKTS:FRSB) Decreases By 73.3%

First Resource Bancorp, Inc. (OTCMKTS:FRSB) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 164 shares, a decrease of 73.3% from the August 15th total of 615 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,051 shares, the days-to-cover ratio is currently 0.2 days.

First Resource Bancorp Price Performance

Shares of OTCMKTS:FRSB remained flat at $25.88 during midday trading on Friday. The firm has a market capitalization of $77.90 million, a PE ratio of 7.91 and a beta of 0.08. The stock has a 50-day moving average price of $25.09 and a 200-day moving average price of $22.92. First Resource Bancorp has a 1 year low of $16.80 and a 1 year high of $25.95.

First Resource Bancorp (OTCMKTS:FRSB) last issued its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $0.92 earnings per share (EPS) for the quarter. The firm had revenue of $8.53 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.