CFSB Bancorp, Inc. (NASDAQ:CFSB) Sees Large Increase in Short Interest

Key Points

• CFSB Bancorp, Inc. experienced a significant increase in short interest, rising by 103.6% in July, reaching a total of 11,400 shares short sold by mid-July.
• As of the latest trading data, CFSB Bancorp's stock price reached $13.93, up by $0.08, with a one-year trading range between $6.34 and $13.98.
• The company's average trading volume is approximately 12,000 shares, leading to a days-to-cover ratio of 1.0 days for short sellers.

CFSB Bancorp, Inc. (NASDAQ:CFSB - Get Free Report) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 11,400 shares, agrowthof103.6% from the June 30th total of 5,600 shares. Based on an average trading volume of 12,000 shares, the days-to-cover ratio is presently 1.0 days. Currently,0.4% of the shares of the company are sold short. Currently,0.4% of the shares of the company are sold short. Based on an average trading volume of 12,000 shares, the days-to-cover ratio is presently 1.0 days.

CFSB Bancorp Trading Up 0.1%

CFSB Bancorp stock traded up $0.01 during midday trading on Friday, reaching $13.90. The stock had a trading volume of 403 shares, compared to its average volume of 1,775. CFSB Bancorp has a 12 month low of $6.34 and a 12 month high of $13.98. The firm's 50-day moving average price is $13.78 and its 200 day moving average price is $10.12.

Institutional Inflows and Outflows

An institutional investor recently raised its position in CFSB Bancorp stock. Geode Capital Management LLC grew its stake in shares of CFSB Bancorp, Inc. (NASDAQ:CFSB - Free Report) by 31.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,642 shares of the company's stock after acquiring an additional 5,826 shares during the period. Geode Capital Management LLC owned 0.38% of CFSB Bancorp worth $338,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 1.39% of the company's stock.

CFSB Bancorp Company Profile

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.