Catalyst Bancorp, Inc. (NASDAQ:CLST) Short Interest Up 5.1% in October

Catalyst Bancorp, Inc. (NASDAQ:CLST) was the recipient of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 6,200 shares, an increase of 5.1% from the October 15th total of 5,900 shares. Based on an average trading volume of 7,800 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.2% of the shares of the stock are sold short.

Catalyst Bancorp Stock Up 0.6 %

Shares of NASDAQ CLST opened at $11.47 on Wednesday. The stock has a market capitalization of $49.78 million, a P/E ratio of -13.90 and a beta of 0.12. The stock’s fifty day moving average is $11.35 and its 200 day moving average is $11.56. Catalyst Bancorp has a 52 week low of $10.60 and a 52 week high of $12.10. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.25 and a current ratio of 1.25.

Catalyst Bancorp (NASDAQ:CLST) last issued its earnings results on Thursday, October 24th. The company reported $0.11 EPS for the quarter. The firm had revenue of $4.29 million during the quarter. During the same period in the previous year, the firm earned $0.03 EPS.

Institutional Inflows and Outflows

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