Catalyst Bancorp, Inc. (NASDAQ:CLST) Short Interest Up 5.1% in October

Catalyst Bancorp, Inc. (NASDAQ:CLST) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 6,200 shares, an increase of 5.1% from the October 15th total of 5,900 shares. Based on an average daily trading volume, of 7,800 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.2% of the shares of the company are short sold.

Catalyst Bancorp Stock Performance

NASDAQ CLST opened at $11.48 on Monday. The company has a quick ratio of 1.26, a current ratio of 1.25 and a debt-to-equity ratio of 0.36. Catalyst Bancorp has a 52-week low of $10.60 and a 52-week high of $12.10. The business’s 50-day moving average price is $11.34 and its 200 day moving average price is $11.56. The firm has a market cap of $49.82 million, a P/E ratio of -14.00 and a beta of 0.12.

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

Hedge Funds Weigh In On Catalyst Bancorp

A number of hedge funds and other institutional investors have recently made changes to their positions in CLST. Wittenberg Investment Management Inc. acquired a new stake in Catalyst Bancorp in the third quarter valued at about $416,000. Geode Capital Management LLC lifted its position in Catalyst Bancorp by 60.5% in the third quarter. Geode Capital Management LLC now owns 38,464 shares of the company’s stock valued at $439,000 after purchasing an additional 14,498 shares during the period. Finally, Graham Capital Wealth Management LLC lifted its position in Catalyst Bancorp by 165.4% in the second quarter. Graham Capital Wealth Management LLC now owns 160,331 shares of the company’s stock valued at $1,857,000 after purchasing an additional 99,912 shares during the period. Hedge funds and other institutional investors own 33.09% of the company’s stock.

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.