Central Plains Bancshares, Inc. (NASDAQ:CPBI) Short Interest Down 15.9% in September

Central Plains Bancshares, Inc. (NASDAQ:CPBI) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 15,900 shares, a decline of 15.9% from the September 15th total of 18,900 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 7,000 shares, the short-interest ratio is presently 2.3 days.

Central Plains Bancshares Trading Down 2.7 %

Shares of NASDAQ CPBI traded down $0.38 during midday trading on Monday, hitting $13.52. The company’s stock had a trading volume of 986 shares, compared to its average volume of 6,687. The stock has a fifty day moving average price of $12.00 and a 200 day moving average price of $10.86. Central Plains Bancshares has a one year low of $8.20 and a one year high of $13.90. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.03 and a current ratio of 1.03.

Central Plains Bancshares (NASDAQ:CPBI) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.24 earnings per share (EPS) for the quarter. Central Plains Bancshares had a net margin of 14.91% and a return on equity of 5.43%. The company had revenue of $4.58 million for the quarter.

Institutional Trading of Central Plains Bancshares

A hedge fund recently raised its stake in Central Plains Bancshares stock. Flagstone Financial Management grew its stake in Central Plains Bancshares, Inc. (NASDAQ:CPBI) by 2.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,462 shares of the company’s stock after buying an additional 1,000 shares during the period. Flagstone Financial Management owned approximately 1.00% of Central Plains Bancshares worth $424,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 24.28% of the company’s stock.

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.