Catalyst Bancorp, Inc. (NASDAQ:CLST) Sees Large Drop in Short Interest

Catalyst Bancorp, Inc. (NASDAQ:CLST – Get Rating) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totalling 9,400 shares, a drop of 9.6% from the April 15th total of 10,400 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 11,000 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CLST. UBS Group AG increased its stake in shares of Catalyst Bancorp by 87.4% in the 1st quarter. UBS Group AG now owns 3,356 shares of the company’s stock valued at $39,000 after acquiring an additional 1,565 shares in the last quarter. Spire Wealth Management bought a new stake in shares of Catalyst Bancorp in the 1st quarter valued at $119,000. Northern Trust Corp bought a new stake in shares of Catalyst Bancorp in the 1st quarter valued at $142,000. Summit Financial Wealth Advisors LLC increased its stake in shares of Catalyst Bancorp by 7.5% in the 1st quarter. Summit Financial Wealth Advisors LLC now owns 28,800 shares of the company’s stock valued at $331,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Arcus Capital Partners LLC bought a new stake in shares of Catalyst Bancorp in the 1st quarter valued at $339,000. Institutional investors own 20.01% of the company’s stock.

Catalyst Bancorp Stock Up 1.9 %

Catalyst Bancorp stock opened at $9.98 on Wednesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.88 and a current ratio of 0.88. Catalyst Bancorp has a 52-week low of $9.26 and a 52-week high of $13.69. The firm has a 50 day moving average price of $11.20 and a two-hundred day moving average price of $12.29. The firm has a market cap of $50.49 million, a price-to-earnings ratio of 99.80 and a beta of -0.02.

Catalyst Bancorp Company Profile

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Catalyst Bancorp, Inc operates as a holding company for Catalyst Bank that provides commercial and retail banking products. The company accepts various deposit products, including savings accounts, demand and NOW accounts, money market accounts, and certificates of deposit. It also offers single-family residential first mortgage loans, commercial real estate mortgage loans, multi-family residential mortgage loans, commercial and industrial loans, construction and land loans, consumer loans, and other loans.