NSTS Bancorp, Inc. (NASDAQ:NSTS) Sees Large Growth in Short Interest

NSTS Bancorp, Inc. (NASDAQ:NSTS) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 6,668 shares, a growth of 59.8% from the November 30th total of 4,173 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 6,313 shares, the days-to-cover ratio is presently 1.1 days. Based on an average trading volume of 6,313 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in NSTS Bancorp stock. Alliancebernstein L.P. lifted its stake in shares of NSTS Bancorp, Inc. (NASDAQ:NSTS) by 0.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 518,324 shares of the company’s stock after purchasing an additional 3,022 shares during the period. Alliancebernstein L.P. owned 9.89% of NSTS Bancorp worth $5,981,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 23.70% of the company’s stock.

NSTS Bancorp Stock Performance

NSTS Bancorp stock traded down $0.07 during mid-day trading on Friday, reaching $12.03. The company’s stock had a trading volume of 17,515 shares, compared to its average volume of 8,049. NSTS Bancorp has a 12 month low of $10.72 and a 12 month high of $13.32. The business’s 50 day simple moving average is $11.35 and its 200 day simple moving average is $11.75. The company has a market capitalization of $63.04 million, a price-to-earnings ratio of -100.25 and a beta of 0.13.

NSTS Bancorp (NASDAQ:NSTS) last issued its quarterly earnings results on Thursday, November 13th. The company reported $0.01 EPS for the quarter. The firm had revenue of $2.51 million for the quarter. NSTS Bancorp had a negative net margin of 4.25% and a negative return on equity of 0.73%.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of NSTS Bancorp in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, NSTS Bancorp presently has an average rating of “Sell”.

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. It operates through full-service banking offices in Lake County, Illinois; and one loan production office in Chicago.