Catalyst Bancorp, Inc. (NASDAQ:CLST – Get Free Report) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 5,900 shares, a decline of 36.6% from the September 30th total of 9,300 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 7,000 shares, the days-to-cover ratio is presently 0.8 days.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Catalyst Bancorp stock. Graham Capital Wealth Management LLC lifted its position in shares of Catalyst Bancorp, Inc. (NASDAQ:CLST – Free Report) by 12.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 179,947 shares of the company’s stock after acquiring an additional 19,616 shares during the quarter. Catalyst Bancorp accounts for about 2.1% of Graham Capital Wealth Management LLC’s holdings, making the stock its 20th biggest position. Graham Capital Wealth Management LLC owned about 3.97% of Catalyst Bancorp worth $2,051,000 at the end of the most recent reporting period. 33.09% of the stock is owned by institutional investors and hedge funds.
Catalyst Bancorp Stock Performance
Shares of Catalyst Bancorp stock traded down $0.11 on Tuesday, reaching $11.35. 6,491 shares of the stock were exchanged, compared to its average volume of 9,071. The firm has a market capitalization of $51.45 million, a PE ratio of -11.24 and a beta of 0.12. Catalyst Bancorp has a 1-year low of $10.60 and a 1-year high of $12.10. The business has a fifty day moving average price of $11.36 and a two-hundred day moving average price of $11.59. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.37.
About Catalyst Bancorp
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.
See Also
- Five stocks we like better than Catalyst Bancorp
- Stock Average Calculator
- Is McDonald’s Stock a Smart Buy After Sell-Off and Earnings?
- With Risk Tolerance, One Size Does Not Fit All
- QuantumScape: Solid State EV Batteries Nearing Commercialization
- 3 Healthcare Dividend Stocks to Buy
- MicroStrategy: Is This Bitcoin-Powered Stock a Buy or a Gamble?
Receive News & Ratings for Catalyst Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Catalyst Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.