Short Interest in CFSB Bancorp, Inc. (NASDAQ:CFSB) Expands By 42.1%

CFSB Bancorp, Inc. (NASDAQ:CFSB) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 10,800 shares, an increase of 42.1% from the February 13th total of 7,600 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 6,600 shares, the days-to-cover ratio is currently 1.6 days.

CFSB Bancorp Stock Performance

CFSB opened at $7.73 on Tuesday. The firm has a 50 day moving average price of $7.53 and a 200 day moving average price of $7.01. The company has a market cap of $50.62 million, a PE ratio of -772.90 and a beta of 0.10. CFSB Bancorp has a 1 year low of $6.34 and a 1 year high of $8.28.

CFSB Bancorp (NASDAQ:CFSB) last posted its earnings results on Wednesday, January 29th. The company reported ($0.03) earnings per share (EPS) for the quarter. CFSB Bancorp had a negative return on equity of 0.06% and a negative net margin of 0.36%.

Institutional Trading of CFSB Bancorp

A hedge fund recently bought a new stake in CFSB Bancorp stock. Garden State Investment Advisory Services LLC bought a new position in shares of CFSB Bancorp, Inc. (NASDAQ:CFSB) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 21,000 shares of the company’s stock, valued at approximately $145,000. Garden State Investment Advisory Services LLC owned approximately 0.32% of CFSB Bancorp as of its most recent filing with the Securities and Exchange Commission. 1.39% of the stock is owned by hedge funds and other institutional investors.

About CFSB Bancorp

CFSB Bancorp, Inc focuses on operating as a holding company for Colonial Federal Savings Bank that provides various financial services to individuals and small businesses. It accepts various deposits, including non-interest-bearing checking accounts, interest-bearing checking accounts, money market accounts, savings accounts, and certificates of deposit.