Central Plains Bancshares, Inc. (NASDAQ:CPBI) Short Interest Down 15.8% in March

Central Plains Bancshares, Inc. (NASDAQ:CPBI) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 14,400 shares, a decline of 15.8% from the February 28th total of 17,100 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 5,700 shares, the days-to-cover ratio is currently 2.5 days.

Central Plains Bancshares Stock Down 0.8 %

Central Plains Bancshares stock traded down $0.12 during trading hours on Thursday, reaching $14.81. 1,121 shares of the company were exchanged, compared to its average volume of 6,295. Central Plains Bancshares has a 12 month low of $9.96 and a 12 month high of $15.50. The stock has a 50-day moving average of $14.78 and a 200 day moving average of $14.28.

Central Plains Bancshares (NASDAQ:CPBI) last posted its quarterly earnings data on Tuesday, February 11th. The company reported $0.25 earnings per share (EPS) for the quarter. Central Plains Bancshares had a net margin of 13.97% and a return on equity of 4.63%.

Institutional Investors Weigh In On Central Plains Bancshares

Several hedge funds and other institutional investors have recently made changes to their positions in CPBI. Farmers & Merchants Investments Inc. acquired a new position in shares of Central Plains Bancshares during the 4th quarter worth about $27,000. Renaissance Technologies LLC grew its position in Central Plains Bancshares by 27.5% in the 4th quarter. Renaissance Technologies LLC now owns 22,600 shares of the company’s stock worth $338,000 after purchasing an additional 4,879 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Central Plains Bancshares by 15.5% during the 3rd quarter. Geode Capital Management LLC now owns 34,291 shares of the company’s stock worth $431,000 after purchasing an additional 4,612 shares during the period. Finally, Stilwell Value LLC raised its position in shares of Central Plains Bancshares by 1,436.5% during the fourth quarter. Stilwell Value LLC now owns 307,301 shares of the company’s stock valued at $4,597,000 after buying an additional 287,301 shares during the last quarter. 24.28% of the stock is owned by institutional investors and hedge funds.

Central Plains Bancshares Company Profile

Central Plains Bancshares, Inc focuses on providing various banking products and services to retail customers, and small and medium-sized commercial customers in Nebraska, the United States. It offers checking accounts, savings accounts, and certificate of deposit accounts. The company also provides one- to four-family residential mortgage loans secured by properties, as well as commercial real estate loans, commercial and industrial loans, multi-family residential real estate loans, construction and land development loans, agricultural real estate and non-real estate loans, and consumer loans.