Central Plains Bancshares, Inc. (NASDAQ:CPBI) Short Interest Update

Central Plains Bancshares, Inc. (NASDAQ:CPBI) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 5,773 shares, an increase of 61.1% from the December 15th total of 3,584 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,978 shares, the short-interest ratio is presently 1.5 days. Based on an average daily trading volume, of 3,978 shares, the short-interest ratio is presently 1.5 days. Approximately 0.1% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Central Plains Bancshares in a research note on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Central Plains Bancshares Trading Up 0.3%

Shares of CPBI stock opened at $17.20 on Friday. Central Plains Bancshares has a 1 year low of $13.00 and a 1 year high of $17.20. The firm’s 50 day moving average is $16.50 and its 200-day moving average is $15.96. The firm has a market capitalization of $72.41 million, a price-to-earnings ratio of 17.73 and a beta of 0.13.

Central Plains Bancshares (NASDAQ:CPBI) last announced its quarterly earnings data on Thursday, November 13th. The company reported $0.23 EPS for the quarter. The firm had revenue of $5.26 million for the quarter. Central Plains Bancshares had a return on equity of 4.39% and a net margin of 12.78%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Mangrove Partners IM LLC grew its position in shares of Central Plains Bancshares by 1.6% during the 3rd quarter. Mangrove Partners IM LLC now owns 159,854 shares of the company’s stock worth $2,606,000 after buying an additional 2,458 shares during the period. Graham Capital Wealth Management LLC raised its position in shares of Central Plains Bancshares by 192.9% during the 3rd quarter. Graham Capital Wealth Management LLC now owns 90,618 shares of the company’s stock valued at $1,466,000 after acquiring an additional 59,675 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of Central Plains Bancshares by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 164,483 shares of the company’s stock valued at $2,689,000 after purchasing an additional 3,314 shares during the period. 24.28% of the stock is currently owned by institutional investors and hedge funds.

About Central Plains Bancshares

Central Plains Bancshares, Inc is the bank holding company for Central Plains Bank, a community‐oriented financial institution headquartered in Council Grove, Kansas. Through its wholly owned subsidiary, the company offers a range of deposit and lending products designed to serve the needs of individuals, families, small businesses and agricultural customers in rural and small‐town markets across central and eastern Kansas.

The company’s core services include checking and savings accounts, certificates of deposit and money market accounts, complemented by consumer, commercial and agricultural loan portfolios.