Short Interest in CFSB Bancorp, Inc. (NASDAQ:CFSB) Decreases By 25.3%

CFSB Bancorp, Inc. (NASDAQ:CFSB - Get Free Report) was the recipient of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 6,200 shares, a drop of 25.3% from the March 31st total of 8,300 shares. Approximately 0.2% of the company's shares are short sold. Based on an average daily volume of 3,700 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Investors Weigh In On CFSB Bancorp

A hedge fund recently bought a new stake in CFSB Bancorp stock. Garden State Investment Advisory Services LLC purchased a new position in shares of CFSB Bancorp, Inc. (NASDAQ:CFSB - Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 21,000 shares of the company's stock, valued at approximately $145,000. Garden State Investment Advisory Services LLC owned 0.32% of CFSB Bancorp as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 1.39% of the company's stock.

CFSB Bancorp Stock Down 1.2 %

Shares of CFSB stock traded down $0.09 during mid-day trading on Monday, reaching $7.96. 3,007 shares of the stock traded hands, compared to its average volume of 4,377. The company has a market cap of $52.10 million, a price-to-earnings ratio of -795.60 and a beta of 0.09. The stock's fifty day simple moving average is $7.74 and its two-hundred day simple moving average is $7.28. CFSB Bancorp has a 1-year low of $6.34 and a 1-year high of $8.28.

About CFSB Bancorp

CFSB Bancorp, Inc focuses on operating as a holding company for Colonial Federal Savings Bank that provides various financial services to individuals and small businesses. It accepts various deposits, including non-interest-bearing checking accounts, interest-bearing checking accounts, money market accounts, savings accounts, and certificates of deposit.