Catalyst Bancorp, Inc. (NASDAQ:CLST) Short Interest Up 19.7% in December

Catalyst Bancorp, Inc. (NASDAQ:CLST) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totalling 7,300 shares, an increase of 19.7% from the November 30th total of 6,100 shares. Based on an average daily volume of 9,800 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the company’s stock are short sold.

Insider Transactions at Catalyst Bancorp

In other news, CEO Joseph B. Zanco bought 8,333 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was acquired at an average cost of $11.79 per share, with a total value of $98,246.07. Following the completion of the acquisition, the chief executive officer now owns 15,759 shares of the company’s stock, valued at approximately $185,798.61. This represents a 112.21 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 5.90% of the company’s stock.

Hedge Funds Weigh In On Catalyst Bancorp

A number of hedge funds have recently modified their holdings of the company. Graham Capital Wealth Management LLC boosted its holdings in Catalyst Bancorp by 165.4% in the 2nd quarter. Graham Capital Wealth Management LLC now owns 160,331 shares of the company’s stock worth $1,857,000 after buying an additional 99,912 shares during the period. Wittenberg Investment Management Inc. bought a new position in shares of Catalyst Bancorp in the third quarter worth about $416,000. Finally, Geode Capital Management LLC grew its position in shares of Catalyst Bancorp by 60.5% during the third 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 in the last quarter. 33.09% of the stock is currently owned by institutional investors.

Catalyst Bancorp Stock Performance

Shares of CLST stock traded down $0.14 during trading hours on Friday, reaching $11.70. The company had a trading volume of 2,845 shares, compared to its average volume of 9,499. The firm has a market cap of $50.80 million, a PE ratio of -14.27 and a beta of 0.14. The business has a fifty day moving average price of $11.58 and a 200-day moving average price of $11.56. Catalyst Bancorp has a one year low of $10.62 and a one year high of $12.10. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.25 and a current ratio of 1.25.

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

About Catalyst Bancorp

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.