Catalyst Bancorp, Inc. (NASDAQ:CLST) Short Interest Up 19.7% in December

Catalyst Bancorp, Inc. (NASDAQ:CLST) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 7,300 shares, an increase of 19.7% from the November 30th total of 6,100 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,800 shares, the short-interest ratio is currently 0.7 days.

Insider Activity at Catalyst Bancorp

In other Catalyst Bancorp news, CEO Joseph B. Zanco purchased 8,333 shares of Catalyst Bancorp stock in a transaction that occurred on Monday, December 2nd. The shares were bought at an average price of $11.79 per share, for a total transaction of $98,246.07. Following the completion of the transaction, the chief executive officer now owns 15,759 shares of the company’s stock, valued at approximately $185,798.61. This trade represents a 112.21 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 5.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC boosted its position in shares of Catalyst Bancorp by 60.5% during the third quarter. Geode Capital Management LLC now owns 38,464 shares of the company’s stock valued at $439,000 after buying an additional 14,498 shares during the period. Wittenberg Investment Management Inc. bought a new stake in shares of Catalyst Bancorp during the 3rd quarter worth approximately $416,000. Finally, Graham Capital Wealth Management LLC boosted its holdings in Catalyst Bancorp by 12.2% during the 3rd quarter. Graham Capital Wealth Management LLC now owns 179,947 shares of the company’s stock valued at $2,051,000 after acquiring an additional 19,616 shares during the period. 33.09% of the stock is owned by hedge funds and other institutional investors.

Catalyst Bancorp Price Performance

Shares of Catalyst Bancorp stock traded down $0.14 during trading hours on Friday, reaching $11.70. The company’s stock had a trading volume of 2,845 shares, compared to its average volume of 9,499. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 1.25. Catalyst Bancorp has a one year low of $10.62 and a one year high of $12.10. The firm has a 50 day moving average price of $11.58 and a 200-day moving average price of $11.56. The stock has a market cap of $50.80 million, a P/E ratio of -14.27 and a beta of 0.14.

Catalyst Bancorp (NASDAQ:CLST) last issued its quarterly earnings data 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 previous year, the business posted $0.03 EPS.

Catalyst Bancorp Company Profile

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.