Catalyst Bancorp, Inc. (NASDAQ:CLST) Short Interest Down 30.5% in February

Catalyst Bancorp, Inc. (NASDAQ:CLST) was the recipient of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 4,100 shares, a decline of 30.5% from the February 13th total of 5,900 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 7,700 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of Catalyst Bancorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Arcus Capital Partners LLC bought a new position in Catalyst Bancorp in the 4th quarter worth $148,000. NewEdge Advisors LLC raised its stake in Catalyst Bancorp by 87.0% in the fourth quarter. NewEdge Advisors LLC now owns 21,500 shares of the company’s stock worth $253,000 after buying an additional 10,000 shares in the last quarter. MassMutual Private Wealth & Trust FSB purchased a new stake in Catalyst Bancorp in the fourth quarter worth about $268,000. Renaissance Technologies LLC boosted its position in Catalyst Bancorp by 11.7% during the 4th quarter. Renaissance Technologies LLC now owns 25,275 shares of the company’s stock valued at $297,000 after acquiring an additional 2,640 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. Hedge funds and other institutional investors own 33.09% of the company’s stock.

Catalyst Bancorp Stock Performance

Catalyst Bancorp stock opened at $11.73 on Tuesday. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.36. The firm has a market cap of $50.93 million, a P/E ratio of -15.85 and a beta of 0.14. Catalyst Bancorp has a 1-year low of $10.78 and a 1-year high of $12.10. The firm has a 50-day moving average of $11.69 and a 200-day moving average of $11.55.

Catalyst Bancorp (NASDAQ:CLST) last released its quarterly earnings data on Thursday, January 23rd. The company reported $0.16 earnings per share for the quarter.

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.