Catalyst Bancorp, Inc. (NASDAQ:CLST) Sees Large Decline in Short Interest

Catalyst Bancorp, Inc. (NASDAQ:CLST) saw a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 4,100 shares, a decline of 30.5% from the February 13th total of 5,900 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 7,700 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in CLST. Wittenberg Investment Management Inc. purchased a new position in shares of Catalyst Bancorp in the third quarter worth approximately $416,000. MassMutual Private Wealth & Trust FSB purchased a new position in shares of Catalyst Bancorp in the fourth quarter worth approximately $268,000. Geode Capital Management LLC increased its position in shares of Catalyst Bancorp by 60.5% in the third quarter. Geode Capital Management LLC now owns 38,464 shares of the company’s stock worth $439,000 after acquiring an additional 14,498 shares in the last quarter. Arcus Capital Partners LLC purchased a new position in shares of Catalyst Bancorp in the fourth quarter worth approximately $148,000. Finally, NewEdge Advisors LLC increased its position in shares of Catalyst Bancorp by 87.0% in the fourth quarter. NewEdge Advisors LLC now owns 21,500 shares of the company’s stock worth $253,000 after acquiring an additional 10,000 shares in the last quarter. 33.09% of the stock is owned by hedge funds and other institutional investors.

Catalyst Bancorp Stock Performance

Shares of CLST opened at $11.70 on Friday. The firm’s 50 day moving average is $11.69 and its 200-day moving average is $11.55. The stock has a market capitalization of $50.80 million, a P/E ratio of -15.81 and a beta of 0.14. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 1.25. Catalyst Bancorp has a 12-month low of $10.78 and a 12-month high of $12.10.

Catalyst Bancorp (NASDAQ:CLST) last announced its quarterly earnings data on Thursday, January 23rd. The company reported $0.16 earnings per share (EPS) for the quarter.

Catalyst Bancorp Company Profile

Catalyst Bancorp, Inc operates as a holding company for Catalyst Bank that provides various banking services to individuals and businesses in Louisiana. The company accepts various deposit products, including savings accounts, demand and NOW accounts, money market accounts, and certificates of deposit.