NSTS Bancorp, Inc. (NASDAQ:NSTS) Short Interest Down 34.2% in March

NSTS Bancorp, Inc. (NASDAQ:NSTS) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 5,000 shares, a decrease of 34.2% from the February 28th total of 7,600 shares. Based on an average trading volume of 4,200 shares, the short-interest ratio is presently 1.2 days. Approximately 0.1% of the shares of the stock are short sold.

NSTS Bancorp Stock Performance

Shares of NASDAQ NSTS traded up $0.36 during midday trading on Monday, reaching $11.29. 3,807 shares of the company traded hands, compared to its average volume of 3,977. NSTS Bancorp has a 12 month low of $9.37 and a 12 month high of $13.32. The firm has a market cap of $59.39 million, a PE ratio of -12.54 and a beta of 0.04. The stock’s 50-day simple moving average is $12.21 and its 200-day simple moving average is $11.46.

NSTS Bancorp (NASDAQ:NSTS) last issued its quarterly earnings data on Friday, March 28th. The company reported ($0.01) earnings per share (EPS) for the quarter. NSTS Bancorp had a negative net margin of 48.24% and a negative return on equity of 5.83%. The business had revenue of $2.44 million during the quarter.

Hedge Funds Weigh In On NSTS Bancorp

A number of large investors have recently modified their holdings of the stock. Renaissance Technologies LLC bought a new position in NSTS Bancorp in the 4th quarter worth approximately $170,000. Northern Trust Corp increased its stake in shares of NSTS Bancorp by 52.5% in the 4th quarter. Northern Trust Corp now owns 25,713 shares of the company’s stock valued at $303,000 after buying an additional 8,854 shares during the period. Geode Capital Management LLC raised its position in shares of NSTS Bancorp by 33.0% during the third quarter. Geode Capital Management LLC now owns 38,651 shares of the company’s stock worth $400,000 after acquiring an additional 9,597 shares during the last quarter. M3F Inc. acquired a new stake in NSTS Bancorp in the fourth quarter worth about $469,000. Finally, Kovitz Investment Group Partners LLC bought a new stake in NSTS Bancorp during the 3rd quarter worth about $414,000. 23.70% of the stock is currently owned by institutional investors and hedge funds.

NSTS Bancorp Company Profile

NSTS Bancorp, Inc operates as a savings and loan holding company for North Shore Trust and Savings that provides banking products and services in Illinois. The company offers interest-bearing and noninterest-bearing checking, money market, savings, and time deposit accounts; and one- to four-family residential mortgage, multi-family and commercial real estate mortgage, construction, home equity, and consumer loans.