Catalyst Bancorp, Inc. (NASDAQ:CLST) Short Interest Up 39.0% in March

Catalyst Bancorp, Inc. (NASDAQ:CLST) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 5,700 shares, an increase of 39.0% from the February 28th total of 4,100 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,000 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Trading of Catalyst Bancorp

Institutional investors and hedge funds have recently made changes to their positions in the stock. Arcus Capital Partners LLC purchased a new position in Catalyst Bancorp in the 4th quarter valued at about $148,000. NewEdge Advisors LLC lifted its stake in shares of Catalyst Bancorp by 87.0% during the fourth quarter. NewEdge Advisors LLC now owns 21,500 shares of the company’s stock valued at $253,000 after buying an additional 10,000 shares during the period. MassMutual Private Wealth & Trust FSB purchased a new stake in Catalyst Bancorp in the 4th quarter worth approximately $268,000. Renaissance Technologies LLC raised its holdings in Catalyst Bancorp by 11.7% in the 4th quarter. Renaissance Technologies LLC now owns 25,275 shares of the company’s stock valued at $297,000 after acquiring an additional 2,640 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Catalyst Bancorp by 60.5% during the 3rd quarter. Geode Capital Management LLC now owns 38,464 shares of the company’s stock worth $439,000 after purchasing an additional 14,498 shares during the period. 33.09% of the stock is currently owned by hedge funds and other institutional investors.

Catalyst Bancorp Price Performance

Catalyst Bancorp stock opened at $11.65 on Monday. The firm has a market capitalization of $50.58 million, a PE ratio of -15.74 and a beta of 0.14. Catalyst Bancorp has a 52 week low of $10.78 and a 52 week high of $12.10. The firm’s 50-day simple moving average is $11.69 and its 200 day simple moving average is $11.58. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.36.

Catalyst Bancorp (NASDAQ:CLST) last announced its earnings results 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.