Short Interest in Catalyst Bancorp, Inc. (NASDAQ:CLST) Grows By 151.4%

Catalyst Bancorp, Inc. (NASDAQ:CLST) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totalling 9,300 shares, a growth of 151.4% from the September 15th total of 3,700 shares. Based on an average daily volume of 8,700 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.3% of the shares of the stock are sold short.

Catalyst Bancorp Price Performance

Shares of NASDAQ CLST traded up $0.08 during midday trading on Friday, reaching $11.47. The stock had a trading volume of 2,748 shares, compared to its average volume of 9,028. The company has a market capitalization of $50.93 million, a price-to-earnings ratio of -12.68 and a beta of 0.12. Catalyst Bancorp has a 12-month low of $10.60 and a 12-month high of $12.10. The stock has a 50-day moving average of $11.44 and a 200-day moving average of $11.62. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.26 and a current ratio of 1.26.

Catalyst Bancorp (NASDAQ:CLST) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $0.13 earnings per share (EPS) for the quarter. The business had revenue of $2.81 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Catalyst Bancorp stock. Graham Capital Wealth Management LLC grew its stake in shares of Catalyst Bancorp, Inc. (NASDAQ:CLST) by 165.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 160,331 shares of the company’s stock after buying an additional 99,912 shares during the period. Catalyst Bancorp accounts for about 2.5% of Graham Capital Wealth Management LLC’s investment portfolio, making the stock its 17th largest position. Graham Capital Wealth Management LLC owned about 3.54% of Catalyst Bancorp worth $1,857,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 33.09% of the stock is owned by institutional investors and hedge funds.

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.