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

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

NSTS Bancorp Trading Up 2.0%

Shares of NASDAQ NSTS traded up $0.24 during midday trading on Monday, hitting $12.27. 10,691 shares of the company’s stock were exchanged, compared to its average volume of 4,902. NSTS Bancorp has a 12-month low of $10.72 and a 12-month high of $13.32. The company has a market cap of $64.29 million, a price-to-earnings ratio of -102.25 and a beta of 0.13. The business’s fifty day moving average price is $11.38 and its two-hundred day moving average price is $11.75.

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

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of NSTS Bancorp in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Institutional Trading of NSTS Bancorp

A hedge fund recently raised its stake in NSTS Bancorp stock. Alliancebernstein L.P. increased its stake in NSTS Bancorp, Inc. (NASDAQ:NSTS) by 0.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 518,324 shares of the company’s stock after purchasing an additional 3,022 shares during the quarter. Alliancebernstein L.P. owned approximately 9.89% of NSTS Bancorp worth $5,981,000 at the end of the most recent quarter. Institutional investors own 23.70% of the company’s stock.

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