Catalyst Bancorp, Inc. (NASDAQ:CLST) Short Interest Update

Catalyst Bancorp, Inc. (NASDAQ:CLST) was the recipient of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 4,700 shares, a decrease of 14.5% from the March 15th total of 5,500 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 9,800 shares, the days-to-cover ratio is currently 0.5 days.

Catalyst Bancorp Price Performance

Shares of NASDAQ:CLST opened at $11.74 on Friday. The firm’s 50 day moving average is $11.84 and its two-hundred day moving average is $11.51. Catalyst Bancorp has a 52 week low of $9.26 and a 52 week high of $12.71. The firm has a market capitalization of $53.53 million, a P/E ratio of 83.86 and a beta of 0.13. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.23.

Catalyst Bancorp (NASDAQ:CLST) last announced its quarterly earnings results on Thursday, January 25th. The company reported $0.08 EPS for the quarter. Catalyst Bancorp had a net margin of 5.35% and a return on equity of 0.71%. The company had revenue of $2.63 million for the quarter.

Institutional Investors Weigh In On Catalyst Bancorp

Large investors have recently made changes to their positions in the company. UBS Group AG boosted its holdings in shares of Catalyst Bancorp by 87.4% in the first quarter. UBS Group AG now owns 3,356 shares of the company’s stock valued at $39,000 after acquiring an additional 1,565 shares in the last quarter. Northern Trust Corp purchased a new stake in shares of Catalyst Bancorp in the 1st quarter valued at approximately $142,000. Geode Capital Management LLC lifted its position in shares of Catalyst Bancorp by 72.6% in the 1st quarter. Geode Capital Management LLC now owns 32,988 shares of the company’s stock valued at $379,000 after acquiring an additional 13,881 shares in the last quarter. BHZ Capital Management LP lifted its position in shares of Catalyst Bancorp by 255.8% in the 4th quarter. BHZ Capital Management LP now owns 38,001 shares of the company’s stock valued at $412,000 after acquiring an additional 27,321 shares in the last quarter. Finally, Arcus Capital Partners LLC lifted its position in shares of Catalyst Bancorp by 15.2% in the 3rd quarter. Arcus Capital Partners LLC now owns 35,534 shares of the company’s stock valued at $429,000 after acquiring an additional 4,700 shares in the last quarter. Institutional investors and hedge funds own 33.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, TheStreet upgraded shares of Catalyst Bancorp from a “d+” rating to a “c” rating in a research note on Thursday, January 25th.

About Catalyst Bancorp

Catalyst Bancorp, Inc operates as a holding company for Catalyst Bank that provides various banking services to individuals and corporate customers. The company accepts various deposit products, including savings accounts, demand and NOW accounts, money market accounts, and certificates of deposit. It also offers single-family residential first mortgage loans, commercial real estate mortgage loans, multi-family residential mortgage loans, commercial and industrial loans, construction and land loans, consumer loans, and other loans.