NSTS Bancorp, Inc. (NASDAQ:NSTS) Sees Large Increase in Short Interest

NSTS Bancorp, Inc. (NASDAQ:NSTS) was the target of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 8,000 shares, an increase of 27.0% from the November 15th total of 6,300 shares. Based on an average daily trading volume, of 7,700 shares, the short-interest ratio is currently 1.0 days. Currently, 0.2% of the shares of the company are sold short.

NSTS Bancorp Trading Down 0.8 %

Shares of NSTS stock traded down $0.09 during mid-day trading on Friday, reaching $11.30. The stock had a trading volume of 18,519 shares, compared to its average volume of 5,735. The business’s fifty day moving average is $11.07 and its 200-day moving average is $10.31. The firm has a market cap of $59.44 million, a price-to-earnings ratio of -12.56 and a beta of 0.07. NSTS Bancorp has a 1-year low of $9.04 and a 1-year high of $11.50.

Hedge Funds Weigh In On NSTS Bancorp

A number of institutional investors have recently bought and sold shares of NSTS. Vanguard Group Inc. boosted its holdings in NSTS Bancorp by 0.7% during the first quarter. Vanguard Group Inc. now owns 215,034 shares of the company’s stock worth $2,051,000 after buying an additional 1,449 shares in the last quarter. Geode Capital Management LLC increased its holdings in NSTS Bancorp by 33.0% in the third quarter. Geode Capital Management LLC now owns 38,651 shares of the company’s stock valued at $400,000 after buying an additional 9,597 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC acquired a new position in shares of NSTS Bancorp in the third quarter worth about $414,000. 23.70% of the stock is owned by hedge funds and other institutional investors.

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.