Short Interest in Catalyst Bancorp, Inc. (NASDAQ:CLST) Declines By 48.9%

Catalyst Bancorp, Inc. (NASDAQ:CLST) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 4,500 shares, a decline of 48.9% from the September 15th total of 8,800 shares. Based on an average trading volume of 3,000 shares, the short-interest ratio is presently 1.5 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 3,000 shares, the short-interest ratio is presently 1.5 days.

Catalyst Bancorp Stock Performance

CLST opened at $13.27 on Wednesday. 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 firm has a fifty day moving average price of $13.03 and a 200 day moving average price of $12.34. Catalyst Bancorp has a 1 year low of $10.67 and a 1 year high of $14.23. The stock has a market cap of $54.90 million, a P/E ratio of 23.27 and a beta of 0.18.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Catalyst Bancorp in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Catalyst Bancorp presently has an average rating of “Hold”.

Hedge Funds Weigh In On Catalyst Bancorp

A hedge fund recently raised its stake in Catalyst Bancorp stock. Graham Capital Wealth Management LLC lifted its position in Catalyst Bancorp, Inc. (NASDAQ:CLST) by 8.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 198,940 shares of the company’s stock after purchasing an additional 16,324 shares during the period. Catalyst Bancorp comprises about 2.9% of Graham Capital Wealth Management LLC’s portfolio, making the stock its 13th biggest holding. Graham Capital Wealth Management LLC owned about 4.76% of Catalyst Bancorp worth $2,465,000 at the end of the most recent reporting period. 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.