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

Key Points

• Catalyst Bancorp experienced a significant reduction in short interest, dropping by 22.9% from July to August, with current short interest totaling 5,400 shares.
• Montz Harcus Wealth Management LLC acquired 30,000 shares of Catalyst Bancorp stock, valued at approximately $350,000, increasing institutional ownership to 33.09% of the company.
• The stock price of Catalyst Bancorp remains flat at $13.00, with a market cap of $53.82 million and a reported quarterly earnings per share of $0.14.

Catalyst Bancorp, Inc. (NASDAQ:CLST - Get Free Report) was the target of a significant decrease in short interest during the month of August. As of August 15th, there was short interest totaling 5,400 shares, a decrease of 22.9% from the July 31st total of 7,000 shares. Based on an average trading volume of 7,300 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the company's shares are sold short. Currently, 0.2% of the company's shares are sold short. Based on an average trading volume of 7,300 shares, the short-interest ratio is currently 0.7 days.

Catalyst Bancorp Trading Up 0.3%

CLST traded up $0.04 during trading on Friday, hitting $13.04. The company's stock had a trading volume of 1,944 shares, compared to its average volume of 2,449. Catalyst Bancorp has a twelve month low of $10.67 and a twelve month high of $14.23. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.12. The stock's fifty day moving average price is $12.60 and its 200-day moving average price is $12.05. The firm has a market capitalization of $53.96 million, a P/E ratio of 22.87 and a beta of 0.17.

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

Hedge Funds Weigh In On Catalyst Bancorp

A hedge fund recently bought a new stake in Catalyst Bancorp stock. Montz Harcus Wealth Management LLC purchased a new stake in Catalyst Bancorp, Inc. (NASDAQ:CLST - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 30,000 shares of the company's stock, valued at approximately $350,000. Montz Harcus Wealth Management LLC owned 0.71% of Catalyst Bancorp as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 33.09% of the company's stock.

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.