NSTS Bancorp, Inc. (NASDAQ:NSTS) Short Interest Down 28.1% in December

NSTS Bancorp, Inc. (NASDAQ:NSTS) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totaling 4,797 shares, a decline of 28.1% from the December 15th total of 6,668 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 10,140 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 10,140 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Investors Weigh In On NSTS Bancorp

An institutional investor recently raised its position in NSTS Bancorp stock. Alliancebernstein L.P. raised its position in NSTS Bancorp, Inc. (NASDAQ:NSTS) by 0.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 518,324 shares of the company’s stock after purchasing an additional 3,022 shares during the quarter. Alliancebernstein L.P. owned 9.89% of NSTS Bancorp worth $5,981,000 at the end of the most recent quarter. Institutional investors own 23.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of NSTS Bancorp in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

NSTS Bancorp Price Performance

NASDAQ:NSTS traded up $0.07 during mid-day trading on Monday, reaching $12.65. The company’s stock had a trading volume of 1,212 shares, compared to its average volume of 4,444. The stock has a market cap of $66.29 million, a P/E ratio of -105.42 and a beta of 0.11. The company’s fifty day simple moving average is $11.88 and its two-hundred day simple moving average is $11.79. NSTS Bancorp has a twelve month low of $10.72 and a twelve month high of $13.32.

NSTS Bancorp (NASDAQ:NSTS) last announced its quarterly earnings data on Thursday, November 13th. The company reported $0.01 earnings per share for the quarter. NSTS Bancorp had a negative net margin of 4.25% and a negative return on equity of 0.73%. The business had revenue of $2.51 million for the quarter.

About NSTS Bancorp

NSTS Bancorp, Inc operates as a savings and loan holding company for North Shore Trust and Savings that provides banking products and services in Illinois. The company offers interest-bearing and noninterest-bearing checking, money market, savings, and time deposit accounts; and one- to four-family residential mortgage, multi-family and commercial real estate mortgage, construction, home equity, and consumer loans. It operates through full-service banking offices in Lake County, Illinois; and one loan production office in Chicago.