Catalyst Bancorp, Inc. (NASDAQ:CLST) Short Interest Up 91.3% in September

Catalyst Bancorp, Inc. (NASDAQ:CLST) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 8,800 shares, an increase of 91.3% from the August 31st total of 4,600 shares. Based on an average daily trading volume, of 6,100 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 6,100 shares, the days-to-cover ratio is currently 1.4 days.

Catalyst Bancorp Price Performance

Shares of Catalyst Bancorp stock opened at $13.30 on Monday. The company has a market cap of $55.06 million, a price-to-earnings ratio of 23.33 and a beta of 0.18. The company’s 50 day moving average is $12.83 and its 200 day moving average is $12.20. Catalyst Bancorp has a twelve month low of $10.67 and a twelve month high of $14.23. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.12.

Catalyst Bancorp (NASDAQ:CLST) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.14 earnings per share for the quarter. Catalyst Bancorp had a net margin of 13.74% and a return on equity of 2.70%. The company had revenue of $2.81 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Catalyst Bancorp in a report on Saturday, September 27th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Catalyst Bancorp stock. Montz Harcus Wealth Management LLC purchased a new position in Catalyst Bancorp, Inc. (NASDAQ:CLST) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 30,000 shares of the company’s stock, valued at approximately $350,000. Montz Harcus Wealth Management LLC owned 0.71% of Catalyst Bancorp at the end of the most recent quarter. Hedge funds and other institutional investors own 33.09% of the company’s stock.

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.