CFSB Bancorp, Inc. (NASDAQ:CFSB) Sees Significant Growth in Short Interest

CFSB Bancorp, Inc. (NASDAQ:CFSB) saw a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 10,800 shares, a growth of 42.1% from the February 13th total of 7,600 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 6,600 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in CFSB Bancorp stock. Garden State Investment Advisory Services LLC bought a new position in shares of CFSB Bancorp, Inc. (NASDAQ:CFSB) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 21,000 shares of the company’s stock, valued at approximately $145,000. Garden State Investment Advisory Services LLC owned 0.32% of CFSB Bancorp as of its most recent SEC filing. 1.39% of the stock is owned by institutional investors.

CFSB Bancorp Trading Up 2.4 %

Shares of CFSB opened at $7.81 on Monday. The stock has a market capitalization of $51.15 million, a P/E ratio of -781.00 and a beta of 0.10. The firm’s fifty day simple moving average is $7.51 and its two-hundred day simple moving average is $7.00. CFSB Bancorp has a 12 month low of $6.34 and a 12 month high of $8.28.

CFSB Bancorp (NASDAQ:CFSB) last issued its earnings results on Wednesday, January 29th. The company reported ($0.03) earnings per share for the quarter. CFSB Bancorp had a negative return on equity of 0.06% and a negative net margin of 0.36%.

About CFSB Bancorp

CFSB Bancorp, Inc focuses on operating as a holding company for Colonial Federal Savings Bank that provides various financial services to individuals and small businesses. It accepts various deposits, including non-interest-bearing checking accounts, interest-bearing checking accounts, money market accounts, savings accounts, and certificates of deposit.