Catalyst Bancorp, Inc. (NASDAQ:CLST) Short Interest Update

Catalyst Bancorp, Inc. (NASDAQ:CLST) saw a significant drop in short interest in December. As of December 31st, there was short interest totaling 5,334 shares, a drop of 30.6% from the December 15th total of 7,683 shares. Based on an average daily trading volume, of 4,494 shares, the short-interest ratio is presently 1.2 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,494 shares, the short-interest ratio is presently 1.2 days.

Insider Activity

In other Catalyst Bancorp news, Director Kirk E. Kleiser acquired 4,750 shares of the company’s stock in a transaction that occurred on Tuesday, October 28th. The stock was bought at an average price of $13.41 per share, with a total value of $63,697.50. Following the completion of the purchase, the director owned 17,749 shares of the company’s stock, valued at approximately $238,014.09. This represents a 36.54% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 8.20% of the company’s stock.

Institutional Trading of Catalyst Bancorp

An institutional investor recently raised its position in Catalyst Bancorp stock. Graham Capital Wealth Management LLC grew its stake in shares of Catalyst Bancorp, Inc. (NASDAQ:CLST) by 8.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 198,940 shares of the company’s stock after buying an additional 16,324 shares during the quarter. Catalyst Bancorp accounts for approximately 2.9% of Graham Capital Wealth Management LLC’s portfolio, making the stock its 13th largest holding. Graham Capital Wealth Management LLC owned about 4.76% of Catalyst Bancorp worth $2,465,000 as of its most recent SEC filing. Institutional investors own 33.09% of the company’s stock.

Catalyst Bancorp Price Performance

CLST traded up $0.13 during trading on Friday, reaching $15.63. The stock had a trading volume of 5,336 shares, compared to its average volume of 3,511. The business has a 50-day moving average of $15.22 and a 200-day moving average of $13.75. Catalyst Bancorp has a one year low of $10.67 and a one year high of $15.97. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.08 and a current ratio of 1.08. The stock has a market cap of $64.28 million, a PE ratio of 26.48 and a beta of 0.18.

Catalyst Bancorp (NASDAQ:CLST) last posted its quarterly earnings data on Thursday, October 23rd. The company reported $0.13 earnings per share (EPS) for the quarter. The firm had revenue of $2.77 million during the quarter. Catalyst Bancorp had a return on equity of 2.75% and a net margin of 14.42%.

Catalyst Bancorp announced that its Board of Directors has initiated a share buyback plan on Thursday, November 20th that allows the company to repurchase $205,000.00 in shares. This repurchase authorization allows the company to reacquire up to 0.3% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Catalyst 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 company has an average rating of “Hold”.

About Catalyst Bancorp

Catalyst Bancorp, Inc (NASDAQ: CLST) is an Oklahoma-based bank holding company and the parent of Catalyst Bank, a community bank serving consumers and businesses across the state. Headquartered in Oklahoma City, the company offers a full suite of financial services designed to meet the needs of local individuals, families, professionals and commercial clients.

The company’s subsidiary provides traditional banking products including checking and savings accounts, certificates of deposit and digital banking services.