NSTS Bancorp, Inc. (NASDAQ:NSTS) Short Interest Update

NSTS Bancorp, Inc. (NASDAQ:NSTS) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 5,000 shares, a decrease of 34.2% from the February 28th total of 7,600 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 4,200 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NSTS. Geode Capital Management LLC lifted its stake in NSTS Bancorp by 5.4% in the fourth quarter. Geode Capital Management LLC now owns 40,740 shares of the company’s stock valued at $471,000 after buying an additional 2,089 shares during the last quarter. Northern Trust Corp increased its holdings in shares of 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 acquiring an additional 8,854 shares during the period. Renaissance Technologies LLC bought a new stake in NSTS Bancorp in the 4th quarter valued at about $170,000. M3F Inc. acquired a new position in NSTS Bancorp during the 4th quarter valued at about $469,000. Finally, Kovitz Investment Group Partners LLC bought a new position in NSTS Bancorp in the 3rd quarter worth about $414,000. Institutional investors and hedge funds own 23.70% of the company’s stock.

NSTS Bancorp Price Performance

NSTS traded down $0.37 during trading hours on Friday, hitting $10.93. 595 shares of the stock were exchanged, compared to its average volume of 5,288. NSTS Bancorp has a 12 month low of $9.37 and a 12 month high of $13.32. The stock has a 50-day simple moving average of $12.21 and a 200-day simple moving average of $11.46. The stock has a market cap of $57.49 million, a price-to-earnings ratio of -12.14 and a beta of 0.04.

NSTS Bancorp (NASDAQ:NSTS) last announced its quarterly earnings data on Friday, March 28th. The company reported ($0.01) earnings per share for the quarter. NSTS Bancorp had a negative net margin of 48.24% and a negative return on equity of 5.83%. The business had revenue of $2.44 million for the quarter.

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.