Short Interest in NSTS Bancorp, Inc. (NASDAQ:NSTS) Decreases By 34.2%

NSTS Bancorp, Inc. (NASDAQ:NSTS) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 5,000 shares, a decline of 34.2% from the February 28th total of 7,600 shares. Based on an average trading volume of 4,200 shares, the short-interest ratio is currently 1.2 days. Approximately 0.1% of the shares of the company are sold short.

NSTS Bancorp Stock Down 3.3 %

NASDAQ NSTS traded down $0.37 during trading hours on Friday, hitting $10.93. 595 shares of the stock were exchanged, compared to its average volume of 5,288. The stock has a 50-day moving average of $12.21 and a 200 day moving average of $11.44. The company has a market cap of $57.49 million, a price-to-earnings ratio of -12.14 and a beta of 0.04. NSTS Bancorp has a 12-month low of $9.37 and a 12-month high of $13.32.

NSTS Bancorp (NASDAQ:NSTS) last posted its earnings results on Friday, March 28th. The company reported ($0.01) EPS for the quarter. NSTS Bancorp had a negative return on equity of 5.83% and a negative net margin of 48.24%. The firm had revenue of $2.44 million for the quarter.

Hedge Funds Weigh In On NSTS Bancorp

Large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its stake in shares of NSTS Bancorp by 5.4% in the 4th quarter. Geode Capital Management LLC now owns 40,740 shares of the company’s stock valued at $471,000 after acquiring an additional 2,089 shares during the period. Kovitz Investment Group Partners LLC acquired a new stake in NSTS Bancorp during the third quarter valued at approximately $414,000. M3F Inc. bought a new position in shares of NSTS Bancorp in the 4th quarter worth about $469,000. Northern Trust Corp raised its stake in 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 period. Finally, Renaissance Technologies LLC bought a new position in NSTS Bancorp during the 4th quarter worth $170,000. 23.70% of the stock is currently owned by hedge funds and other institutional investors.

About NSTS Bancorp

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.