Central Plains Bancshares, Inc. (NASDAQ:CPBI) Short Interest Update

Central Plains Bancshares, Inc. (NASDAQ:CPBI) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 4,338 shares, a decline of 53.9% from the May 14th total of 9,413 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 7,239 shares, the short-interest ratio is presently 0.6 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Central Plains Bancshares in a report on Friday, March 27th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Central Plains Bancshares Price Performance

Shares of Central Plains Bancshares stock traded up $0.13 during trading hours on Friday, reaching $18.64. The company’s stock had a trading volume of 1,228 shares, compared to its average volume of 5,644. The firm has a 50 day moving average price of $17.86 and a 200-day moving average price of $17.41. Central Plains Bancshares has a one year low of $14.85 and a one year high of $18.75. The stock has a market cap of $78.47 million, a P/E ratio of 18.10 and a beta of 0.21.

Institutional Trading of Central Plains Bancshares

Large investors have recently made changes to their positions in the business. Graham Capital Wealth Management LLC increased its holdings in shares of Central Plains Bancshares by 192.9% in the 3rd quarter. Graham Capital Wealth Management LLC now owns 90,618 shares of the company’s stock worth $1,466,000 after buying an additional 59,675 shares during the last quarter. Mangrove Partners IM LLC increased its holdings in shares of Central Plains Bancshares by 1.6% in the 3rd quarter. Mangrove Partners IM LLC now owns 159,854 shares of the company’s stock worth $2,606,000 after buying an additional 2,458 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Central Plains Bancshares by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 164,483 shares of the company’s stock worth $2,689,000 after buying an additional 3,314 shares during the last quarter. 24.28% of the stock is currently owned by institutional investors.

About Central Plains Bancshares

Central Plains Bancshares, Inc is the bank holding company for Central Plains Bank, a community?oriented financial institution headquartered in Council Grove, Kansas. Through its wholly owned subsidiary, the company offers a range of deposit and lending products designed to serve the needs of individuals, families, small businesses and agricultural customers in rural and small?town markets across central and eastern Kansas.

The company’s core services include checking and savings accounts, certificates of deposit and money market accounts, complemented by consumer, commercial and agricultural loan portfolios.