NSTS Bancorp, Inc. (NASDAQ:NSTS) Short Interest Up 61.9% in May

NSTS Bancorp, Inc. (NASDAQ:NSTS) saw a significant growth in short interest in May. As of May 31st, there was short interest totalling 6,800 shares, a growth of 61.9% from the May 15th total of 4,200 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its stake in NSTS Bancorp by 5.4% during the fourth quarter. Geode Capital Management LLC now owns 40,740 shares of the company’s stock worth $471,000 after purchasing an additional 2,089 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in NSTS Bancorp in the fourth quarter worth approximately $170,000. M3F Inc. bought a new position in NSTS Bancorp during the fourth quarter valued at approximately $469,000. Finally, Northern Trust Corp raised its stake in shares of 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 acquiring an additional 8,854 shares in the last quarter. Institutional investors own 23.70% of the company’s stock.

NSTS Bancorp Stock Performance

NSTS remained flat at $12.32 on Monday. 1,795 shares of the company were exchanged, compared to its average volume of 5,648. The business has a 50-day moving average of $11.87 and a 200 day moving average of $11.87. The stock has a market capitalization of $64.66 million, a P/E ratio of -13.69 and a beta of 0.15. NSTS Bancorp has a 1-year low of $9.37 and a 1-year high of $13.32.

NSTS Bancorp (NASDAQ:NSTS) last issued its quarterly earnings results on Wednesday, May 14th. The company reported ($0.07) EPS for the quarter. The company had revenue of $2.17 million during the quarter. NSTS Bancorp had a negative return on equity of 5.83% and a negative net margin of 48.24%.

NSTS Bancorp Company Profile

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.