Catalyst Bancorp, Inc. (NASDAQ:CLST) Short Interest Down 36.6% in October

Catalyst Bancorp, Inc. (NASDAQ:CLST - Get Free Report) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totalling 5,900 shares, a decline of 36.6% from the September 30th total of 9,300 shares. Currently, 0.2% of the company's shares are sold short. Based on an average daily trading volume, of 7,000 shares, the days-to-cover ratio is currently 0.8 days.

Catalyst Bancorp Price Performance

NASDAQ:CLST remained flat at $11.48 on Friday. 753 shares of the company's stock were exchanged, compared to its average volume of 8,984. The stock has a market cap of $52.04 million, a price-to-earnings ratio of -11.25 and a beta of 0.12. Catalyst Bancorp has a one year low of $10.60 and a one year high of $12.10. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.37. The business has a 50-day simple moving average of $11.37 and a two-hundred day simple moving average of $11.59.

Catalyst Bancorp (NASDAQ:CLST - Get Free Report) last released its earnings results on Thursday, October 24th. The company reported $0.11 earnings per share (EPS) for the quarter. The business had revenue of $4.29 million for the quarter. During the same quarter in the previous year, the business posted $0.03 EPS.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Catalyst Bancorp stock. Graham Capital Wealth Management LLC grew its stake in Catalyst Bancorp, Inc. (NASDAQ:CLST - Free Report) by 12.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 179,947 shares of the company's stock after buying an additional 19,616 shares during the quarter. Catalyst Bancorp accounts for approximately 2.1% of Graham Capital Wealth Management LLC's portfolio, making the stock its 20th biggest position. Graham Capital Wealth Management LLC owned approximately 3.97% of Catalyst Bancorp worth $2,051,000 at the end of the most recent reporting period. 33.09% of the stock is owned by institutional investors and hedge funds.

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.