Short Interest in CFSB Bancorp, Inc. (NASDAQ:CFSB) Grows By 13.3%

CFSB Bancorp, Inc. (NASDAQ:CFSB) saw a large growth in short interest in March. As of March 31st, there was short interest totalling 3,400 shares, a growth of 13.3% from the March 15th total of 3,000 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is currently 3.1 days. Approximately 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On CFSB Bancorp

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Commonwealth Equity Services LLC bought a new position in shares of CFSB Bancorp in the third quarter valued at $148,000. UBS Group AG bought a new position in shares of CFSB Bancorp in the first quarter valued at $101,000. Stilwell Value LLC bought a new position in shares of CFSB Bancorp in the first quarter valued at $101,000. Integrated Wealth Concepts LLC bought a new position in shares of CFSB Bancorp in the fourth quarter valued at $81,000. Finally, BlackRock Inc. bought a new position in shares of CFSB Bancorp in the first quarter valued at $55,000. 1.39% of the stock is owned by institutional investors.

CFSB Bancorp Stock Performance

Shares of CFSB remained flat at $7.28 during mid-day trading on Tuesday. 2 shares of the stock traded hands, compared to its average volume of 1,442. The firm has a market capitalization of $48.27 million, a P/E ratio of 104.00 and a beta of 0.12. CFSB Bancorp has a one year low of $5.85 and a one year high of $8.22. The stock has a 50 day moving average of $7.40 and a 200-day moving average of $6.88.

CFSB Bancorp (NASDAQ:CFSB) last issued its quarterly earnings results on Friday, January 26th. The company reported ($0.03) earnings per share for the quarter. CFSB Bancorp had a return on equity of 0.49% and a net margin of 3.22%. The business had revenue of $1.81 million for the quarter.

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.