Catalyst Bancorp, Inc. (NASDAQ:CLST) Sees Significant Increase in Short Interest

Catalyst Bancorp, Inc. (NASDAQ:CLST) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 5,700 shares, an increase of 39.0% from the February 28th total of 4,100 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 7,000 shares, the days-to-cover ratio is currently 0.8 days.

Catalyst Bancorp Stock Performance

Catalyst Bancorp stock opened at $11.65 on Monday. The firm has a market capitalization of $50.58 million, a PE ratio of -15.74 and a beta of 0.14. Catalyst Bancorp has a one year low of $10.78 and a one year high of $12.10. The stock’s 50 day moving average price is $11.69 and its 200 day moving average price is $11.58. 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 posted its earnings results on Thursday, January 23rd. The company reported $0.16 EPS for the quarter.

Hedge Funds Weigh In On Catalyst Bancorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Graham Capital Wealth Management LLC increased its position in shares of Catalyst Bancorp by 1.4% during the fourth quarter. Graham Capital Wealth Management LLC now owns 182,506 shares of the company’s stock worth $2,148,000 after acquiring an additional 2,559 shares during the last quarter. Geode Capital Management LLC grew its stake 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. Renaissance Technologies LLC increased its holdings in Catalyst Bancorp by 11.7% during the 4th quarter. Renaissance Technologies LLC now owns 25,275 shares of the company’s stock worth $297,000 after purchasing an additional 2,640 shares during the last quarter. MassMutual Private Wealth & Trust FSB acquired a new position in shares of Catalyst Bancorp in the 4th quarter valued at approximately $268,000. Finally, NewEdge Advisors LLC boosted its stake in shares of Catalyst Bancorp by 87.0% during the 4th quarter. NewEdge Advisors LLC now owns 21,500 shares of the company’s stock valued at $253,000 after buying an additional 10,000 shares during the last quarter. 33.09% of the stock is owned by hedge funds and other institutional investors.

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.