Catalyst Bancorp, Inc. (NASDAQ:CLST) Short Interest Down 27.9% in December

Catalyst Bancorp, Inc. (NASDAQ:CLST) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 7,683 shares, a decline of 27.9% from the November 30th total of 10,662 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 3,591 shares, the days-to-cover ratio is currently 2.1 days. Based on an average daily volume of 3,591 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.2% of the shares of the company are sold short.

Catalyst Bancorp Stock Up 0.2%

Catalyst Bancorp stock opened at $15.53 on Monday. The firm has a 50 day simple moving average of $14.68 and a 200 day simple moving average of $13.42. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.18. Catalyst Bancorp has a 1-year low of $10.67 and a 1-year high of $15.60. The firm has a market capitalization of $63.83 million, a price-to-earnings ratio of 26.32 and a beta of 0.18.

Catalyst Bancorp (NASDAQ:CLST) last posted its quarterly earnings results on Thursday, October 23rd. The company reported $0.13 EPS for the quarter. The firm had revenue of $2.77 million during the quarter. Catalyst Bancorp had a return on equity of 2.75% and a net margin of 14.42%.

Catalyst Bancorp declared that its Board of Directors has approved a stock repurchase program on Thursday, November 20th that authorizes the company to repurchase $205,000.00 in shares. This repurchase authorization authorizes the company to buy up to 0.3% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Catalyst Bancorp in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Insider Buying and Selling

In other news, Director Kirk E. Kleiser acquired 4,750 shares of the company’s stock in a transaction that occurred on Tuesday, October 28th. The shares were acquired at an average price of $13.41 per share, for a total transaction of $63,697.50. Following the completion of the purchase, the director owned 17,749 shares in the company, valued at approximately $238,014.09. This trade represents a 36.54% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 5.90% of the company’s stock.

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 position in Catalyst Bancorp, Inc. (NASDAQ:CLST) by 8.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 198,940 shares of the company’s stock after acquiring an additional 16,324 shares during the quarter. Catalyst Bancorp comprises about 2.9% of Graham Capital Wealth Management LLC’s holdings, making the stock its 13th biggest holding. Graham Capital Wealth Management LLC owned 4.76% of Catalyst Bancorp worth $2,465,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 33.09% of the company’s stock.

Catalyst Bancorp Company Profile

Catalyst Bancorp, Inc (NASDAQ: CLST) is an Oklahoma-based bank holding company and the parent of Catalyst Bank, a community bank serving consumers and businesses across the state. Headquartered in Oklahoma City, the company offers a full suite of financial services designed to meet the needs of local individuals, families, professionals and commercial clients.

The company’s subsidiary provides traditional banking products including checking and savings accounts, certificates of deposit and digital banking services.