Short Interest in NSTS Bancorp, Inc. (NASDAQ:NSTS) Declines By 45.3%

NSTS Bancorp, Inc. (NASDAQ:NSTS) saw a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 7,600 shares, a drop of 45.3% from the February 13th total of 13,900 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 4,300 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Trading of NSTS Bancorp

A number of hedge funds and other institutional investors have recently modified their holdings of NSTS. Kovitz Investment Group Partners LLC purchased a new stake in shares of NSTS Bancorp during the third quarter worth about $414,000. M3F Inc. purchased a new stake in shares of NSTS Bancorp during the fourth quarter worth about $469,000. Renaissance Technologies LLC purchased a new stake in shares of NSTS Bancorp during the fourth quarter worth about $170,000. Geode Capital Management LLC increased its position in shares of NSTS Bancorp by 33.0% during the third quarter. Geode Capital Management LLC now owns 38,651 shares of the company’s stock worth $400,000 after acquiring an additional 9,597 shares during the last quarter. Finally, Northern Trust Corp increased its position in shares of NSTS Bancorp by 52.5% during the fourth quarter. Northern Trust Corp now owns 25,713 shares of the company’s stock worth $303,000 after acquiring an additional 8,854 shares during the last quarter. 23.70% of the stock is owned by hedge funds and other institutional investors.

NSTS Bancorp Trading Down 1.2 %

NASDAQ:NSTS traded down $0.14 during mid-day trading on Friday, hitting $11.90. The company had a trading volume of 4,065 shares, compared to its average volume of 3,893. The business has a fifty day simple moving average of $12.19 and a 200-day simple moving average of $11.30. NSTS Bancorp has a 1 year low of $9.35 and a 1 year high of $13.32. The firm has a market capitalization of $62.59 million, a price-to-earnings ratio of -13.22 and a beta of 0.04.

NSTS Bancorp Company Profile

NSTS Bancorp, Inc operates as a savings and loan holding company for North Shore Trust and Savings that provides banking products and services in Illinois. The company offers interest-bearing and noninterest-bearing checking, money market, savings, and time deposit accounts; and one- to four-family residential mortgage, multi-family and commercial real estate mortgage, construction, home equity, and consumer loans.