NSTS Bancorp, Inc. (NASDAQ:NSTS) Sees Large Increase in Short Interest

NSTS Bancorp, Inc. (NASDAQ:NSTS) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 6,668 shares, a growth of 59.8% from the November 30th total of 4,173 shares. Based on an average daily volume of 6,313 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 6,313 shares, the days-to-cover ratio is presently 1.1 days.

NSTS Bancorp Trading Up 0.4%

Shares of NSTS stock traded up $0.05 during trading hours on Tuesday, hitting $12.08. The company’s stock had a trading volume of 10,691 shares, compared to its average volume of 8,521. The business has a fifty day moving average of $11.38 and a 200-day moving average of $11.75. The stock has a market cap of $63.26 million, a price-to-earnings ratio of -100.63 and a beta of 0.13. NSTS Bancorp has a twelve month low of $10.72 and a twelve month high of $13.32.

NSTS Bancorp (NASDAQ:NSTS) last issued its quarterly earnings data on Thursday, November 13th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $2.51 million during the quarter. NSTS Bancorp had a negative return on equity of 0.73% and a negative net margin of 4.25%.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of NSTS Bancorp in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

Institutional Investors Weigh In On NSTS Bancorp

A hedge fund recently raised its stake in NSTS Bancorp stock. Alliancebernstein L.P. increased its holdings in shares of NSTS Bancorp, Inc. (NASDAQ:NSTS) by 0.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 518,324 shares of the company’s stock after purchasing an additional 3,022 shares during the period. Alliancebernstein L.P. owned 9.89% of NSTS Bancorp worth $5,981,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 23.70% of the company’s stock.

About NSTS Bancorp

NSTS Bancorp, Inc operates as a savings and loan holding company for North Shore Trust and Savings that provides banking products and services in Illinois. The company offers interest-bearing and noninterest-bearing checking, money market, savings, and time deposit accounts; and one- to four-family residential mortgage, multi-family and commercial real estate mortgage, construction, home equity, and consumer loans. It operates through full-service banking offices in Lake County, Illinois; and one loan production office in Chicago.