NSTS Bancorp (NASDAQ:NSTS) Trading Down 0.6% – Here’s Why

NSTS Bancorp, Inc. (NASDAQ:NSTS)’s share price dropped 0.6% during mid-day trading on Monday . The stock traded as low as $11.03 and last traded at $11.10. Approximately 20,436 shares changed hands during mid-day trading, an increase of 258% from the average daily volume of 5,704 shares. The stock had previously closed at $11.17.

NSTS Bancorp Stock Performance

The business’s 50-day moving average is $10.61 and its 200-day moving average is $10.09. The company has a market capitalization of $58.72 million, a PE ratio of -12.33 and a beta of 0.07.

Institutional Trading of NSTS Bancorp

A number of hedge funds have recently made changes to their positions in NSTS. Vanguard Group Inc. raised its stake in NSTS Bancorp by 0.7% during the first quarter. Vanguard Group Inc. now owns 215,034 shares of the company’s stock valued at $2,051,000 after buying an additional 1,449 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of NSTS Bancorp by 33.0% in the third quarter. Geode Capital Management LLC now owns 38,651 shares of the company’s stock worth $400,000 after acquiring an additional 9,597 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC bought a new position in shares of NSTS Bancorp during the third quarter valued at $414,000. 23.70% of the stock is owned by institutional investors.

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.