Catalyst Bancorp, Inc. (NASDAQ:CLST) Short Interest Down 36.6% in October

Catalyst Bancorp, Inc. (NASDAQ:CLST) saw a significant drop in short interest in October. As of October 15th, there was short interest totalling 5,900 shares, a drop of 36.6% from the September 30th total of 9,300 shares. Based on an average trading volume of 7,000 shares, the short-interest ratio is currently 0.8 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On Catalyst Bancorp

A hedge fund recently raised its stake in Catalyst Bancorp stock. Graham Capital Wealth Management LLC increased its stake in shares of Catalyst Bancorp, Inc. (NASDAQ:CLST) by 12.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 179,947 shares of the company’s stock after purchasing an additional 19,616 shares during the quarter. Catalyst Bancorp accounts for 2.1% of Graham Capital Wealth Management LLC’s holdings, making the stock its 20th biggest holding. Graham Capital Wealth Management LLC owned approximately 3.97% of Catalyst Bancorp worth $2,051,000 as of its most recent filing with the SEC. Institutional investors own 33.09% of the company’s stock.

Catalyst Bancorp Price Performance

Shares of CLST stock traded down $0.11 during trading hours on Tuesday, hitting $11.35. The stock had a trading volume of 6,491 shares, compared to its average volume of 9,071. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.26 and a quick ratio of 1.26. Catalyst Bancorp has a one year low of $10.60 and a one year high of $12.10. The stock’s 50-day moving average price is $11.36 and its two-hundred day moving average price is $11.59. The stock has a market capitalization of $51.45 million, a price-to-earnings ratio of -11.24 and a beta of 0.12.

Catalyst Bancorp (NASDAQ:CLST) last released its quarterly earnings data on Thursday, October 24th. The company reported $0.11 EPS for the quarter. The business had revenue of $4.29 million for the quarter. During the same period in the prior year, the business earned $0.03 EPS.

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.