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

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Graham Capital Wealth Management LLC increased its position in shares of Catalyst Bancorp by 165.4% during the second quarter. Graham Capital Wealth Management LLC now owns 160,331 shares of the company’s stock valued at $1,857,000 after purchasing an additional 99,912 shares during the period. Geode Capital Management LLC increased 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 valued at $439,000 after purchasing an additional 14,498 shares during the period. Finally, Wittenberg Investment Management Inc. bought a new stake in shares of Catalyst Bancorp during the third quarter valued at approximately $416,000. 33.09% of the stock is currently owned by institutional investors and hedge funds.

Catalyst Bancorp Stock Up 0.8 %

Shares of Catalyst Bancorp stock traded up $0.10 during trading on Tuesday, hitting $11.90. 15,931 shares of the stock traded hands, compared to its average volume of 8,093. 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 has a twelve month low of $10.60 and a twelve month high of $12.10. The company has a fifty day moving average price of $11.49 and a two-hundred day moving average price of $11.56.

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

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.