Short Interest in Central Plains Bancshares, Inc. (NASDAQ:CPBI) Rises By 48.5%

Key Points

• Short interest in Central Plains Bancshares, Inc. increased by 48.5% in August, rising to 14,400 shares from 9,700 shares in July, with approximately 0.4% of the company's shares being short sold.
• Institutional investor Graham Capital Wealth Management acquired a new position of 30,943 shares, valued at approximately $468,000, representing 0.73% ownership of the company.
• Central Plains Bancshares reported earnings of $0.26 per share and a revenue of $5.14 million for the quarter ending August 12th, with a net margin of 13.34%.

Central Plains Bancshares, Inc. (NASDAQ:CPBI - Get Free Report) was the target of a large increase in short interest in the month of August. As of August 15th, there was short interest totaling 14,400 shares, anincreaseof48.5% from the July 31st total of 9,700 shares. Approximately0.4% of the company's shares are short sold. Based on an average trading volume of 3,900 shares, the short-interest ratio is currently 3.7 days. Based on an average trading volume of 3,900 shares, the short-interest ratio is currently 3.7 days. Approximately0.4% of the company's shares are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Central Plains Bancshares stock. Graham Capital Wealth Management LLC acquired a new position in shares of Central Plains Bancshares, Inc. (NASDAQ:CPBI - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 30,943 shares of the company's stock, valued at approximately $468,000. Graham Capital Wealth Management LLC owned 0.73% of Central Plains Bancshares as of its most recent SEC filing. 24.28% of the stock is owned by hedge funds and other institutional investors.

Central Plains Bancshares Trading Up 0.4%

Central Plains Bancshares stock traded up $0.06 during trading on Friday, reaching $16.30. The company had a trading volume of 1,573 shares, compared to its average volume of 4,641. Central Plains Bancshares has a 12-month low of $11.52 and a 12-month high of $16.28. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.03 and a current ratio of 1.03. The stock's 50 day moving average price is $15.30 and its two-hundred day moving average price is $14.95. The firm has a market capitalization of $68.77 million, a price-to-earnings ratio of 16.46 and a beta of 0.14.

Central Plains Bancshares (NASDAQ:CPBI - Get Free Report) last posted its quarterly earnings results on Tuesday, August 12th. The company reported $0.26 earnings per share for the quarter. The company had revenue of $5.14 million for the quarter. Central Plains Bancshares had a net margin of 13.34% and a return on equity of 4.52%.

Central Plains Bancshares Company Profile

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.

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