Catalyst Bancorp, Inc. (NASDAQ:CLST) Short Interest Up 5.1% in October

Catalyst Bancorp, Inc. (NASDAQ:CLST) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 6,200 shares, an increase of 5.1% from the October 15th total of 5,900 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 7,800 shares, the short-interest ratio is currently 0.8 days.

Catalyst Bancorp Price Performance

CLST stock opened at $11.48 on Monday. The firm has a 50 day moving average of $11.34 and a 200-day moving average of $11.56. Catalyst Bancorp has a 12-month low of $10.60 and a 12-month high of $12.10. The company has a current ratio of 1.25, a quick ratio of 1.26 and a debt-to-equity ratio of 0.36. The company has a market cap of $49.82 million, a price-to-earnings ratio of -14.00 and a beta of 0.12.

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

Institutional Investors Weigh In On Catalyst Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the stock. Graham Capital Wealth Management LLC increased its stake in shares of Catalyst Bancorp by 12.2% during the 3rd quarter. Graham Capital Wealth Management LLC now owns 179,947 shares of the company’s stock worth $2,051,000 after purchasing an additional 19,616 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Catalyst Bancorp by 60.5% during the 3rd quarter. Geode Capital Management LLC now owns 38,464 shares of the company’s stock worth $439,000 after purchasing an additional 14,498 shares in the last quarter. Finally, Wittenberg Investment Management Inc. purchased a new position in shares of Catalyst Bancorp during the 3rd quarter worth approximately $416,000. 33.09% of the stock is currently owned by institutional investors and hedge funds.

About Catalyst Bancorp

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.