Catalyst Bancorp, Inc. (NASDAQ:CLST) Short Interest Up 96.8% in June

by · The Cerbat Gem

Catalyst Bancorp, Inc. (NASDAQ:CLST – Get Free Report) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totalling 12,200 shares, an increase of 96.8% from the May 31st total of 6,200 shares. Based on an average daily volume of 6,900 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.3% of the company’s stock are sold short.

Catalyst Bancorp Stock Up 0.3 %

Catalyst Bancorp stock traded up $0.03 during mid-day trading on Friday, reaching $11.58. The company’s stock had a trading volume of 7,182 shares, compared to its average volume of 8,976. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.29 and a current ratio of 1.29. Catalyst Bancorp has a 12 month low of $10.60 and a 12 month high of $12.71. The business’s 50 day simple moving average is $11.66 and its 200 day simple moving average is $11.68. The company has a market capitalization of $52.46 million, a price-to-earnings ratio of -11.35 and a beta of 0.13.

Catalyst Bancorp (NASDAQ:CLST – Get Free Report) last posted its quarterly earnings results on Thursday, May 2nd. The company reported ($1.14) earnings per share for the quarter. Catalyst Bancorp had a negative return on equity of 4.99% and a net margin of 5.35%. The company had revenue of ($3.06) million for the quarter.

Institutional Investors Weigh In On Catalyst Bancorp

An institutional investor recently raised its position in Catalyst Bancorp stock. BHZ Capital Management LP grew its stake in Catalyst Bancorp, Inc. (NASDAQ:CLST – Free Report) by 255.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,001 shares of the company’s stock after purchasing an additional 27,321 shares during the quarter. BHZ Capital Management LP owned approximately 0.80% of Catalyst Bancorp worth $412,000 as of its most recent SEC filing. Institutional investors own 33.09% of the company’s stock.

Catalyst Bancorp Company Profile

(Get Free Report)

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.

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