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 shares of the company are sold short. Based on an average trading volume of 7,700 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On Catalyst Bancorp

A number of hedge funds have recently modified their holdings of CLST. Graham Capital Wealth Management LLC lifted its holdings in Catalyst Bancorp by 1.4% during the 4th quarter. Graham Capital Wealth Management LLC now owns 182,506 shares of the company’s stock valued at $2,148,000 after purchasing an additional 2,559 shares during the last quarter. Renaissance Technologies LLC raised its stake in shares of Catalyst Bancorp by 11.7% in the fourth 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 during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Catalyst Bancorp by 87.0% in the 4th quarter. NewEdge Advisors LLC now owns 21,500 shares of the company’s stock worth $253,000 after acquiring an additional 10,000 shares in the last quarter. Arcus Capital Partners LLC bought a new stake in Catalyst Bancorp during the 4th quarter worth approximately $148,000. Finally, Geode Capital Management LLC increased its holdings in Catalyst Bancorp by 60.5% during the 3rd quarter. Geode Capital Management LLC now owns 38,464 shares of the company’s stock valued at $439,000 after purchasing an additional 14,498 shares in the last quarter. 33.09% of the stock is owned by institutional investors and hedge funds.

Catalyst Bancorp Stock Performance

CLST stock traded up $0.04 during midday trading on Monday, hitting $11.74. The stock had a trading volume of 4,101 shares, compared to its average volume of 5,729. The firm has a market capitalization of $50.98 million, a price-to-earnings ratio of -15.86 and a beta of 0.14. 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 stock has a 50-day simple moving average of $11.69 and a 200 day simple moving average of $11.55. Catalyst Bancorp has a 52 week low of $10.78 and a 52 week high of $12.10.

Catalyst Bancorp (NASDAQ:CLST) last issued its earnings results 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.