Central Plains Bancshares, Inc. (NASDAQ:CPBI) Short Interest Down 15.5% in May

Central Plains Bancshares, Inc. (NASDAQ:CPBI - Get Free Report) was the target of a large decline in short interest in May. As of May 15th, there was short interest totalling 13,600 shares, a decline of 15.5% from the April 30th total of 16,100 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 6,700 shares, the short-interest ratio is currently 2.0 days.

Institutional Trading of Central Plains Bancshares

Several institutional investors have recently made changes to their positions in CPBI. Farmers & Merchants Investments Inc. acquired a new stake in shares of Central Plains Bancshares during the 4th quarter valued at about $27,000. Renaissance Technologies LLC lifted its holdings in Central Plains Bancshares by 27.5% during the 4th quarter. Renaissance Technologies LLC now owns 22,600 shares of the company's stock valued at $338,000 after purchasing an additional 4,879 shares during the last quarter. Finally, Stilwell Value LLC lifted its holdings in Central Plains Bancshares by 1,436.5% during the 4th quarter. Stilwell Value LLC now owns 307,301 shares of the company's stock valued at $4,597,000 after purchasing an additional 287,301 shares during the last quarter. 24.28% of the stock is currently owned by institutional investors and hedge funds.

Central Plains Bancshares Price Performance

Shares of Central Plains Bancshares stock traded down $0.03 during trading on Friday, hitting $14.82. 10,685 shares of the company's stock traded hands, compared to its average volume of 6,976. The firm's fifty day moving average price is $14.66 and its 200 day moving average price is $14.68. Central Plains Bancshares has a twelve month low of $9.99 and a twelve month high of $15.50.

About Central Plains Bancshares

Central Plains Bancshares, Inc focuses on providing various banking products and services to retail customers, and small and medium-sized commercial customers in Nebraska, the United States. It offers checking accounts, savings accounts, and certificate of deposit accounts. The company also provides one- to four-family residential mortgage loans secured by properties, as well as commercial real estate loans, commercial and industrial loans, multi-family residential real estate loans, construction and land development loans, agricultural real estate and non-real estate loans, and consumer loans.