Short Interest in NSTS Bancorp, Inc. (NASDAQ:NSTS) Decreases By 19.4%

NSTS Bancorp, Inc. (NASDAQ:NSTS - Get Free Report) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 5,000 shares, a drop of 19.4% from the September 30th total of 6,200 shares. Approximately 0.1% of the company's shares are sold short. Based on an average trading volume of 7,200 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors Weigh In On NSTS Bancorp

A hedge fund recently raised its stake in NSTS Bancorp stock. Vanguard Group Inc. increased its stake in shares of NSTS Bancorp, Inc. (NASDAQ:NSTS - Free Report) by 0.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 215,034 shares of the company's stock after purchasing an additional 1,449 shares during the quarter. Vanguard Group Inc. owned approximately 4.05% of NSTS Bancorp worth $2,051,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 23.70% of the company's stock.

NSTS Bancorp Stock Performance

NSTS traded down $0.08 during trading on Friday, hitting $11.28. 8,355 shares of the stock were exchanged, compared to its average volume of 5,679. NSTS Bancorp has a 1 year low of $8.52 and a 1 year high of $11.50. The firm has a market cap of $59.67 million, a price-to-earnings ratio of -12.26 and a beta of 0.09. The firm has a 50 day simple moving average of $10.25 and a 200 day simple moving average of $9.93.

NSTS Bancorp (NASDAQ:NSTS - Get Free Report) last released its quarterly earnings data on Friday, August 9th. The company reported ($0.07) earnings per share for the quarter. NSTS Bancorp had a negative net margin of 54.71% and a negative return on equity of 5.94%. The firm had revenue of $2.29 million during the quarter.

NSTS Bancorp Company Profile

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.