Catalyst Bancorp, Inc. (NASDAQ:CLST) Sees Large Decline in Short Interest

Catalyst Bancorp, Inc. (NASDAQ:CLSTGet Free Report) was the recipient of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 6,100 shares, a decline of 11.6% from the November 15th total of 6,900 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 9,200 shares, the short-interest ratio is currently 0.7 days.

Catalyst Bancorp Stock Down 0.2 %

CLST traded down $0.02 on Monday, hitting $11.64. 2,047 shares of the company were exchanged, compared to its average volume of 9,039. The firm has a 50-day moving average price of $11.54 and a two-hundred day moving average price of $11.56. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.36. The company has a market cap of $50.54 million, a price-to-earnings ratio of -14.22 and a beta of 0.14. Catalyst Bancorp has a twelve month low of $10.62 and a twelve month high of $12.10.

Catalyst Bancorp (NASDAQ:CLSTGet Free Report) last released its quarterly earnings data on Thursday, October 24th. The company reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $4.29 million for the quarter. During the same period in the prior year, the business posted $0.03 earnings per share.

Insider Activity at Catalyst Bancorp

In other Catalyst Bancorp news, CEO Joseph B. Zanco bought 8,333 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The shares were purchased at an average cost of $11.79 per share, with a total value of $98,246.07. Following the purchase, the chief executive officer now directly owns 15,759 shares in the company, valued at approximately $185,798.61. This represents a 112.21 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 5.90% of the stock is owned by insiders.

Institutional Trading of Catalyst Bancorp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC increased its position in Catalyst Bancorp by 60.5% in the 3rd quarter. Geode Capital Management LLC now owns 38,464 shares of the company’s stock valued at $439,000 after acquiring an additional 14,498 shares during the period. Graham Capital Wealth Management LLC boosted its stake in shares of Catalyst Bancorp by 12.2% in the third quarter. Graham Capital Wealth Management LLC now owns 179,947 shares of the company’s stock valued at $2,051,000 after buying an additional 19,616 shares in the last quarter. Finally, Wittenberg Investment Management Inc. acquired a new position in Catalyst Bancorp during the third quarter worth $416,000. Institutional investors and hedge funds own 33.09% of the company’s stock.

Catalyst Bancorp Company Profile

(Get Free Report)

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.

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