Catalyst Bancorp, Inc. (NASDAQ:CLST) Short Interest Update

Catalyst Bancorp, Inc. (NASDAQ:CLST) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 6,900 shares, a growth of 11.3% from the October 31st total of 6,200 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 8,700 shares, the days-to-cover ratio is currently 0.8 days.

Catalyst Bancorp Price Performance

Catalyst Bancorp stock opened at $11.90 on Wednesday. The stock has a market cap of $51.65 million, a P/E ratio of -14.51 and a beta of 0.14. The company has a fifty day simple moving average of $11.51 and a 200-day simple moving average of $11.56. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.36. Catalyst Bancorp has a 12-month low of $10.60 and a 12-month high of $12.10.

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

Hedge Funds Weigh In On Catalyst Bancorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Graham Capital Wealth Management LLC raised its holdings in Catalyst Bancorp by 165.4% during the second quarter. Graham Capital Wealth Management LLC now owns 160,331 shares of the company’s stock worth $1,857,000 after purchasing an additional 99,912 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Catalyst Bancorp by 60.5% in the 3rd quarter. Geode Capital Management LLC now owns 38,464 shares of the company’s stock valued at $439,000 after buying an additional 14,498 shares during the last quarter. Finally, Wittenberg Investment Management Inc. acquired a new stake in Catalyst Bancorp during the 3rd quarter worth $416,000. 33.09% of the stock is 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.