Central Plains Bancshares, Inc. (NASDAQ:CPBI) Sees Significant Drop in Short Interest

Central Plains Bancshares, Inc. (NASDAQ:CPBI) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 20,400 shares, a drop of 12.8% from the December 15th total of 23,400 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 9,400 shares, the short-interest ratio is presently 2.2 days.

Central Plains Bancshares Trading Down 0.5 %

CPBI traded down $0.08 during mid-day trading on Friday, hitting $14.50. The stock had a trading volume of 3,181 shares, compared to its average volume of 5,670. The stock’s fifty day simple moving average is $14.60 and its 200-day simple moving average is $12.97. Central Plains Bancshares has a 1-year low of $9.91 and a 1-year high of $15.50.

Institutional Investors Weigh In On Central Plains Bancshares

A hedge fund recently raised its stake in Central Plains Bancshares stock. Geode Capital Management LLC grew its position in Central Plains Bancshares, Inc. (NASDAQ:CPBI) by 15.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 34,291 shares of the company’s stock after purchasing an additional 4,612 shares during the period. Geode Capital Management LLC owned about 0.83% of Central Plains Bancshares worth $431,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 24.28% of the company’s stock.

About Central Plains Bancshares

Central Plains Bancshares, Inc focuses on providing various banking products and services to retail customers, and small and medium-sized commercial customers in Nebraska, the United States. It offers checking accounts, savings accounts, and certificate of deposit accounts. The company also provides one- to four-family residential mortgage loans secured by properties, as well as commercial real estate loans, commercial and industrial loans, multi-family residential real estate loans, construction and land development loans, agricultural real estate and non-real estate loans, and consumer loans.