Short Interest in Catalyst Bancorp, Inc. (NASDAQ:CLST) Drops By 22.9%

Catalyst Bancorp, Inc. (NASDAQ:CLST) was the recipient of a large decrease in short interest during the month of August. As of August 15th, there was short interest totaling 5,400 shares, a decrease of 22.9% from the July 31st total of 7,000 shares. Based on an average trading volume of 7,300 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 7,300 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors Weigh In On Catalyst Bancorp

An institutional investor recently bought a new position in Catalyst Bancorp stock. Montz Harcus Wealth Management LLC bought a new position in shares of Catalyst Bancorp, Inc. (NASDAQ:CLST) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 30,000 shares of the company’s stock, valued at approximately $350,000. Montz Harcus Wealth Management LLC owned approximately 0.71% of Catalyst Bancorp as of its most recent SEC filing. 33.09% of the stock is owned by institutional investors and hedge funds.

Catalyst Bancorp Price Performance

Catalyst Bancorp stock opened at $13.00 on Thursday. The firm has a market cap of $53.82 million, a PE ratio of 22.81 and a beta of 0.17. Catalyst Bancorp has a 52-week low of $10.67 and a 52-week high of $14.23. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.12. The company’s 50 day moving average is $12.58 and its two-hundred day moving average is $12.03.

Catalyst Bancorp (NASDAQ:CLST) last released its earnings results on Thursday, July 24th. The company reported $0.14 earnings per share (EPS) for the quarter. The company had revenue of $2.81 million for the quarter. Catalyst Bancorp had a net margin of 13.74% and a return on equity of 2.70%.

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.