Short Interest in First Resource Bancorp, Inc. (OTCMKTS:FRSB) Drops By 95.2%

First Resource Bancorp, Inc. (OTCMKTS:FRSB) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 100 shares, a decrease of 95.2% from the November 30th total of 2,100 shares. Based on an average trading volume of 3,500 shares, the short-interest ratio is presently 0.0 days.

First Resource Bancorp Stock Performance

Shares of FRSB stock remained flat at $15.93 during trading hours on Friday. The stock’s 50-day moving average is $15.14 and its 200 day moving average is $14.28. First Resource Bancorp has a 52 week low of $11.90 and a 52 week high of $16.50. The stock has a market capitalization of $47.90 million, a P/E ratio of 8.25 and a beta of 0.42.

First Resource Bancorp (OTCMKTS:FRSB) last issued its earnings results on Thursday, October 24th. The financial services provider reported $0.53 earnings per share (EPS) for the quarter. The company had revenue of $9.78 million during the quarter. During the same quarter in the prior year, the company earned $0.44 EPS.

About First Resource Bancorp

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.