Short Interest in CFSB Bancorp, Inc. (NASDAQ:CFSB) Expands By 42.1%

CFSB Bancorp, Inc. (NASDAQ:CFSB) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 10,800 shares, a growth of 42.1% from the February 13th total of 7,600 shares. Based on an average daily trading volume, of 6,600 shares, the short-interest ratio is presently 1.6 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in CFSB Bancorp stock. Garden State Investment Advisory Services LLC bought a new stake in CFSB Bancorp, Inc. (NASDAQ:CFSB) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 21,000 shares of the company’s stock, valued at approximately $145,000. Garden State Investment Advisory Services LLC owned approximately 0.32% of CFSB Bancorp at the end of the most recent quarter. 1.39% of the stock is owned by institutional investors and hedge funds.

CFSB Bancorp Stock Down 1.0 %

CFSB Bancorp stock opened at $7.73 on Tuesday. CFSB Bancorp has a 52 week low of $6.34 and a 52 week high of $8.28. The firm’s 50-day simple moving average is $7.53 and its 200 day simple moving average is $7.01. The firm has a market capitalization of $50.62 million, a PE ratio of -772.90 and a beta of 0.10.

CFSB Bancorp (NASDAQ:CFSB) last released its earnings results on Wednesday, January 29th. The company reported ($0.03) earnings per share (EPS) for the quarter. CFSB Bancorp had a negative net margin of 0.36% and a negative return on equity of 0.06%.

About CFSB Bancorp

CFSB Bancorp, Inc focuses on operating as a holding company for Colonial Federal Savings Bank that provides various financial services to individuals and small businesses. It accepts various deposits, including non-interest-bearing checking accounts, interest-bearing checking accounts, money market accounts, savings accounts, and certificates of deposit.