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

Key Points

• Catalyst Bancorp, Inc. experienced a significant decrease in short interest in September, dropping by 48.9% to 4,500 shares, representing 0.1% of total shares outstanding.
• Hedge fund Graham Capital Wealth Management LLC increased its stake in Catalyst Bancorp by 8.9%, making it the firm's 13th largest position.
• Weiss Ratings has maintained a "hold (c)" rating on Catalyst Bancorp, with analysts currently agreeing on a consensus rating of "Hold."

Catalyst Bancorp, Inc. (NASDAQ:CLST - Get Free Report) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 4,500 shares, a decrease of 48.9% from the September 15th total of 8,800 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 3,000 shares, the short-interest ratio is currently 1.5 days. Based on an average trading volume of 3,000 shares, the short-interest ratio is currently 1.5 days. Currently, 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On Catalyst Bancorp

A hedge fund recently raised its stake in Catalyst Bancorp stock. Graham Capital Wealth Management LLC lifted its position in shares of Catalyst Bancorp, Inc. (NASDAQ:CLST - Free Report) by 8.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 198,940 shares of the company's stock after buying an additional 16,324 shares during the period. Catalyst Bancorp comprises 2.9% of Graham Capital Wealth Management LLC's investment portfolio, making the stock its 13th largest position. Graham Capital Wealth Management LLC owned 4.76% of Catalyst Bancorp worth $2,465,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 33.09% of the company's stock.

Analyst Ratings Changes

Separately, Weiss Ratings restated a "hold (c)" rating on shares of Catalyst Bancorp in a research report on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold".

Catalyst Bancorp Price Performance

Shares of NASDAQ:CLST opened at $13.27 on Monday. The company's fifty day moving average price is $13.00 and its 200-day moving average price is $12.32. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 1.13. The firm has a market capitalization of $54.92 million, a price-to-earnings ratio of 23.27 and a beta of 0.18. Catalyst Bancorp has a one year low of $10.67 and a one year high of $14.23.

Catalyst Bancorp (NASDAQ:CLST - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The company reported $0.14 earnings per share (EPS) for the quarter. The company had revenue of $2.81 million during the quarter. Catalyst Bancorp had a net margin of 13.74% and a return on equity of 2.70%.

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.

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