Short Interest in Catalyst Bancorp, Inc. (NASDAQ:CLST) Drops By 22.9%

Catalyst Bancorp, Inc. (NASDAQ:CLST - Get Free Report) was the target of a large drop in short interest during the month of August. As of August 15th, there was short interest totaling 5,400 shares, adropof22.9% from the July 31st total of 7,000 shares. Based on an average daily volume of 7,300 shares, the days-to-cover ratio is currently 0.7 days. Approximately0.2% of the shares of the company are sold short. Approximately0.2% of the shares of the company are sold short. Based on an average daily volume of 7,300 shares, the days-to-cover ratio is currently 0.7 days.

Catalyst Bancorp Trading Down 0.7%

Shares of Catalyst Bancorp stock opened at $13.01 on Tuesday. Catalyst Bancorp has a 1 year low of $10.67 and a 1 year high of $14.23. 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 company has a market capitalization of $53.86 million, a price-to-earnings ratio of 22.82 and a beta of 0.17. The business has a fifty day simple moving average of $12.57 and a two-hundred day simple moving average of $12.01.

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

Institutional Investors Weigh In On Catalyst Bancorp

An institutional investor recently bought a new position in Catalyst Bancorp stock. Montz Harcus Wealth Management LLC bought a new position in shares of Catalyst Bancorp, Inc. (NASDAQ:CLST - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 30,000 shares of the company's stock, valued at approximately $350,000. Montz Harcus Wealth Management LLC owned approximately 0.71% of Catalyst Bancorp as of its most recent filing with the Securities & Exchange Commission. 33.09% of the stock is currently owned by institutional investors and hedge funds.

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.

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