CFSB Bancorp, Inc. (NASDAQ:CFSB) Short Interest Update

CFSB Bancorp, Inc. (NASDAQ:CFSB) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 16,900 shares, a growth of 267.4% from the September 15th total of 4,600 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average daily volume of 2,700 shares, the days-to-cover ratio is currently 6.3 days. Based on an average daily volume of 2,700 shares, the days-to-cover ratio is currently 6.3 days. Currently, 0.6% of the company’s stock are sold short.

CFSB Bancorp Stock Performance

NASDAQ:CFSB opened at $14.11 on Monday. The firm’s 50-day moving average is $14.06 and its 200-day moving average is $12.42. CFSB Bancorp has a 52-week low of $6.41 and a 52-week high of $14.24. The company has a market cap of $92.42 million, a price-to-earnings ratio of -352.75 and a beta of 0.50.

CFSB Bancorp (NASDAQ:CFSB) last posted its quarterly earnings data on Thursday, September 18th. The company reported ($0.01) earnings per share (EPS) for the quarter. CFSB Bancorp had a negative return on equity of 0.35% and a negative net margin of 1.92%.The company had revenue of $2.08 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of CFSB Bancorp in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Skandinaviska Enskilda Banken AB publ bought a new position in shares of CFSB Bancorp during the 2nd quarter worth about $383,000. Longfellow Investment Management Co. LLC acquired a new stake in shares of CFSB Bancorp during the 2nd quarter valued at about $75,000. Finally, Geode Capital Management LLC boosted its position in shares of CFSB Bancorp by 31.0% during the 2nd quarter. Geode Capital Management LLC now owns 24,642 shares of the company’s stock valued at $338,000 after acquiring an additional 5,826 shares in the last quarter. Institutional investors own 1.39% of the company’s stock.

About CFSB Bancorp

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.