NSTS Bancorp, Inc. (NASDAQ:NSTS) Short Interest Down 45.3% in February

NSTS Bancorp, Inc. (NASDAQ:NSTS - Get Free Report) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 7,600 shares, a drop of 45.3% from the February 13th total of 13,900 shares. Currently, 0.2% of the company's stock are short sold. Based on an average daily trading volume, of 4,300 shares, the days-to-cover ratio is presently 1.8 days.

Hedge Funds Weigh In On NSTS Bancorp

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Geode Capital Management LLC boosted its stake in shares of 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 buying an additional 9,597 shares during the period. Kovitz Investment Group Partners LLC purchased a new stake in NSTS Bancorp during the third quarter worth approximately $414,000. Northern Trust Corp lifted its stake in NSTS Bancorp by 52.5% during the fourth quarter. Northern Trust Corp now owns 25,713 shares of the company's stock worth $303,000 after purchasing an additional 8,854 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in NSTS Bancorp during the fourth quarter worth approximately $170,000. Finally, M3F Inc. purchased a new stake in NSTS Bancorp during the fourth quarter worth approximately $469,000. Hedge funds and other institutional investors own 23.70% of the company's stock.

NSTS Bancorp Stock Performance

Shares of NSTS traded down $0.52 during midday trading on Tuesday, hitting $11.78. The company had a trading volume of 6,638 shares, compared to its average volume of 5,216. The company's 50-day simple moving average is $12.20 and its 200-day simple moving average is $11.36. The firm has a market capitalization of $61.96 million, a P/E ratio of -13.09 and a beta of 0.04. NSTS Bancorp has a 1 year low of $9.35 and a 1 year high of $13.32.

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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.