Short Interest in NSTS Bancorp, Inc. (NASDAQ:NSTS) Declines By 19.4%

by · The Cerbat Gem

NSTS Bancorp, Inc. (NASDAQ:NSTS – Get Free Report) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 5,000 shares, a decline of 19.4% from the September 30th total of 6,200 shares. Based on an average daily volume of 7,200 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Trading of NSTS Bancorp

A hedge fund recently raised its stake in NSTS Bancorp stock. Vanguard Group Inc. lifted its stake in shares of NSTS Bancorp, Inc. (NASDAQ:NSTS – Free Report) by 0.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 215,034 shares of the company’s stock after buying an additional 1,449 shares during the quarter. Vanguard Group Inc. owned about 4.05% of NSTS Bancorp worth $2,051,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 23.70% of the company’s stock.

NSTS Bancorp Price Performance

NASDAQ:NSTS traded down $0.08 during trading hours on Friday, reaching $11.28. 8,355 shares of the stock were exchanged, compared to its average volume of 5,679. NSTS Bancorp has a twelve month low of $8.52 and a twelve month high of $11.50. The firm has a 50 day moving average of $10.25 and a 200 day moving average of $9.93. The stock has a market cap of $59.67 million, a PE ratio of -12.26 and a beta of 0.09.

NSTS Bancorp (NASDAQ:NSTS – Get Free Report) last announced its earnings results on Friday, August 9th. The company reported ($0.07) EPS for the quarter. NSTS Bancorp had a negative return on equity of 5.94% and a negative net margin of 54.71%. The company had revenue of $2.29 million for the quarter.

NSTS Bancorp Company Profile

(Get Free Report)

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.

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