NSTS Bancorp, Inc. (NASDAQ:NSTS - Get Free Report) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 5,000 shares, a drop of 34.2% from the February 28th total of 7,600 shares. Based on an average daily volume of 4,200 shares, the short-interest ratio is currently 1.2 days. Currently, 0.1% of the shares of the company are sold short.
Institutional Trading of NSTS Bancorp
Several large investors have recently added to or reduced their stakes in NSTS. Kovitz Investment Group Partners LLC acquired a new stake in NSTS Bancorp during the 3rd quarter worth about $414,000. Geode Capital Management LLC raised its stake in NSTS Bancorp by 33.0% in the 3rd quarter. Geode Capital Management LLC now owns 38,651 shares of the company's stock valued at $400,000 after purchasing an additional 9,597 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in shares of NSTS Bancorp in the fourth quarter valued at about $170,000. M3F Inc. purchased a new position in shares of NSTS Bancorp in the fourth quarter worth about $469,000. Finally, Northern Trust Corp lifted its stake in NSTS Bancorp by 52.5% in the 4th quarter. Northern Trust Corp now owns 25,713 shares of the company's stock worth $303,000 after purchasing an additional 8,854 shares in the last quarter. Hedge funds and other institutional investors own 23.70% of the company's stock.
NSTS Bancorp Price Performance
NASDAQ:NSTS traded down $0.30 during trading hours on Wednesday, hitting $11.12. 2,014 shares of the company were exchanged, compared to its average volume of 3,900. NSTS Bancorp has a 52-week low of $9.37 and a 52-week high of $13.32. The stock has a market capitalization of $58.49 million, a price-to-earnings ratio of -12.36 and a beta of 0.04. The company's 50 day moving average price is $12.19 and its 200-day moving average price is $11.49.
NSTS Bancorp (NASDAQ:NSTS - Get Free Report) last posted its quarterly earnings data on Friday, March 28th. The company reported ($0.01) EPS for the quarter. NSTS Bancorp had a negative return on equity of 5.83% and a negative net margin of 48.24%. The company had revenue of $2.44 million for the quarter.
About NSTS Bancorp
(
Get Free Report)
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.
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