Short Interest in Central Plains Bancshares, Inc. (NASDAQ:CPBI) Drops By 15.8%

Central Plains Bancshares, Inc. (NASDAQ:CPBI) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 14,400 shares, a decline of 15.8% from the February 28th total of 17,100 shares. Based on an average trading volume of 5,700 shares, the short-interest ratio is currently 2.5 days. Currently, 0.4% of the company’s shares are short sold.

Institutional Investors Weigh In On Central Plains Bancshares

Several large investors have recently made changes to their positions in CPBI. Stilwell Value LLC boosted its stake in Central Plains Bancshares by 1,436.5% in the 4th quarter. Stilwell Value LLC now owns 307,301 shares of the company’s stock worth $4,597,000 after purchasing an additional 287,301 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of Central Plains Bancshares by 27.5% in the fourth quarter. Renaissance Technologies LLC now owns 22,600 shares of the company’s stock valued at $338,000 after purchasing an additional 4,879 shares in the last quarter. Farmers & Merchants Investments Inc. acquired a new position in shares of Central Plains Bancshares during the fourth quarter worth about $27,000. Finally, Geode Capital Management LLC grew its holdings in shares of Central Plains Bancshares by 15.5% during the third quarter. Geode Capital Management LLC now owns 34,291 shares of the company’s stock worth $431,000 after buying an additional 4,612 shares in the last quarter. Institutional investors own 24.28% of the company’s stock.

Central Plains Bancshares Price Performance

NASDAQ:CPBI opened at $14.92 on Tuesday. The stock has a 50-day moving average price of $14.76 and a two-hundred day moving average price of $14.26. Central Plains Bancshares has a 1 year low of $9.96 and a 1 year high of $15.50.

Central Plains Bancshares (NASDAQ:CPBI) last posted its earnings results on Tuesday, February 11th. The company reported $0.25 earnings per share (EPS) for the quarter. Central Plains Bancshares had a return on equity of 4.63% and a net margin of 13.97%.

Central Plains Bancshares Company Profile

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.