Catalyst Bancorp, Inc. (NASDAQ:CLST) Short Interest Update

Catalyst Bancorp, Inc. (NASDAQ:CLST) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 6,900 shares, a growth of 11.3% from the October 31st total of 6,200 shares. Based on an average daily volume of 8,700 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.2% of the company’s shares are sold short.

Catalyst Bancorp Stock Performance

Shares of NASDAQ CLST remained flat at $11.85 during mid-day trading on Monday. The stock had a trading volume of 13,137 shares, compared to its average volume of 9,000. The stock’s 50-day moving average is $11.48 and its 200-day moving average is $11.56. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 1.25. The firm has a market capitalization of $51.43 million, a price-to-earnings ratio of -14.45 and a beta of 0.12. Catalyst Bancorp has a fifty-two week low of $10.60 and a fifty-two week high of $12.10.

Catalyst Bancorp (NASDAQ:CLST) last released its quarterly earnings results on Thursday, October 24th. The company reported $0.11 EPS for the quarter. The firm had revenue of $4.29 million for the quarter. During the same quarter last year, the business earned $0.03 EPS.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CLST. Wittenberg Investment Management Inc. acquired a new stake in Catalyst Bancorp in the 3rd quarter valued at about $416,000. Geode Capital Management LLC raised its holdings in Catalyst Bancorp by 60.5% in the third quarter. Geode Capital Management LLC now owns 38,464 shares of the company’s stock valued at $439,000 after acquiring an additional 14,498 shares in the last quarter. Finally, Graham Capital Wealth Management LLC lifted its stake in Catalyst Bancorp by 165.4% in the second quarter. Graham Capital Wealth Management LLC now owns 160,331 shares of the company’s stock worth $1,857,000 after acquiring an additional 99,912 shares during the last quarter. Institutional investors and hedge funds own 33.09% of the company’s stock.

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.