Short Interest in NSTS Bancorp, Inc. (NASDAQ:NSTS) Declines By 45.3%

NSTS Bancorp, Inc. (NASDAQ:NSTS) was the target of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 7,600 shares, a drop of 45.3% from the February 13th total of 13,900 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 4,300 shares, the short-interest ratio is presently 1.8 days.

NSTS Bancorp Stock Performance

NSTS Bancorp stock traded down $0.31 during trading hours on Friday, hitting $11.73. The company had a trading volume of 1,553 shares, compared to its average volume of 3,838. The firm has a market cap of $61.70 million, a P/E ratio of -13.03 and a beta of 0.04. NSTS Bancorp has a 1 year low of $9.35 and a 1 year high of $13.32. The company has a 50-day moving average price of $12.19 and a two-hundred day moving average price of $11.29.

Institutional Investors Weigh In On NSTS Bancorp

Hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC purchased a new stake in shares of NSTS Bancorp in the 4th quarter worth approximately $170,000. Northern Trust Corp lifted its position in shares of NSTS Bancorp by 52.5% in the 4th quarter. Northern Trust Corp now owns 25,713 shares of the company’s stock worth $303,000 after purchasing an additional 8,854 shares during the period. Geode Capital Management LLC raised its stake in shares of NSTS Bancorp by 33.0% during the 3rd quarter. Geode Capital Management LLC now owns 38,651 shares of the company’s stock worth $400,000 after acquiring an additional 9,597 shares in the last quarter. M3F Inc. purchased a new stake in NSTS Bancorp during the fourth quarter valued at approximately $469,000. Finally, Kovitz Investment Group Partners LLC acquired a new stake in NSTS Bancorp in the third quarter valued at approximately $414,000. Hedge funds and other institutional investors own 23.70% of the company’s stock.

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.