Central Plains Bancshares, Inc. (NASDAQ:CPBI) Sees Large Increase in Short Interest

Central Plains Bancshares, Inc. (NASDAQ:CPBI) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totalling 18,900 shares, a growth of 8.6% from the August 31st total of 17,400 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,100 shares, the short-interest ratio is presently 3.7 days.

Central Plains Bancshares Stock Up 1.3 %

Shares of NASDAQ CPBI traded up $0.16 during trading on Tuesday, hitting $12.56. The company had a trading volume of 1,421 shares, compared to its average volume of 6,294. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.03 and a quick ratio of 1.03. The business’s 50-day moving average is $11.63 and its 200 day moving average is $10.67. Central Plains Bancshares has a 52 week low of $8.20 and a 52 week high of $12.76.

Central Plains Bancshares (NASDAQ:CPBI) last released its quarterly earnings results on Wednesday, August 7th. The company reported $0.24 earnings per share for the quarter. The business had revenue of $4.58 million during the quarter. Central Plains Bancshares had a return on equity of 5.43% and a net margin of 14.91%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Central Plains Bancshares stock. Flagstone Financial Management increased its stake in shares of Central Plains Bancshares, Inc. (NASDAQ:CPBI) by 2.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 41,462 shares of the company’s stock after purchasing an additional 1,000 shares during the quarter. Flagstone Financial Management owned approximately 1.00% of Central Plains Bancshares worth $424,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 24.28% of the company’s stock.

About Central Plains Bancshares

Central Plains Bancshares, Inc focuses on providing various banking products and services to retail customers, and small and medium-sized commercial customers in Nebraska, the United States. It offers checking accounts, savings accounts, and certificate of deposit accounts. The company also provides one- to four-family residential mortgage loans secured by properties, as well as commercial real estate loans, commercial and industrial loans, multi-family residential real estate loans, construction and land development loans, agricultural real estate and non-real estate loans, and consumer loans.