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CFSB Bancorp, Inc. (NASDAQ:CFSB) Short Interest Down 50.9% in December

Financial News Live ·  Jan 18, 2023 19:51

CFSB Bancorp, Inc. (NASDAQ:CFSB – Get Rating) was the target of a significant decrease in short interest in the month of December. As of December 30th, there was short interest totalling 2,700 shares, a decrease of 50.9% from the December 15th total of 5,500 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 6,700 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On CFSB Bancorp

Several institutional investors have recently added to or reduced their stakes in CFSB. Polaris Capital Management LLC lifted its position in CFSB Bancorp by 189.8% during the 2nd quarter. Polaris Capital Management LLC now owns 28,983 shares of the company's stock worth $809,000 after acquiring an additional 18,983 shares during the period. Commonwealth Equity Services LLC purchased a new stake in shares of CFSB Bancorp during the third quarter worth approximately $148,000. UBS Group AG acquired a new stake in shares of CFSB Bancorp during the first quarter worth $101,000. Janney Montgomery Scott LLC purchased a new position in CFSB Bancorp in the 2nd quarter valued at $92,000. Finally, Stilwell Value LLC acquired a new position in CFSB Bancorp in the 1st quarter valued at $101,000. Institutional investors and hedge funds own 1.81% of the company's stock.

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CFSB Bancorp Stock Performance

Shares of CFSB remained flat at $8.36 during mid-day trading on Wednesday. 17 shares of the stock were exchanged, compared to its average volume of 2,430. The stock's 50-day simple moving average is $8.39 and its two-hundred day simple moving average is $8.76. CFSB Bancorp has a twelve month low of $7.26 and a twelve month high of $11.54.

CFSB Bancorp (NASDAQ:CFSB – Get Rating) last issued its quarterly earnings results on Friday, October 21st. The company reported $0.10 earnings per share for the quarter. The business had revenue of $2.56 million for the quarter.

About CFSB Bancorp

(Get Rating)

CFSB Bancorp, Inc focuses on operating as a holding company for Colonial Federal Savings Bank that provides various financial services to individuals and small businesses. It accepts various deposits, including non-interest-bearing checking accounts, interest-bearing checking accounts, money market accounts, savings accounts, and certificates of deposit.

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