Central Plains Bancshares, Inc. (NASDAQ:CPBI) Short Interest Down 12.5% in November

Central Plains Bancshares, Inc. (NASDAQ:CPBI) was the recipient of a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 23,100 shares, a decline of 12.5% from the November 15th total of 26,400 shares. Based on an average daily trading volume, of 10,600 shares, the short-interest ratio is currently 2.2 days. Currently, 0.7% of the company’s stock are short sold.

Central Plains Bancshares Stock Down 1.5 %

Central Plains Bancshares stock traded down $0.21 during mid-day trading on Tuesday, hitting $14.19. The company’s stock had a trading volume of 1,325 shares, compared to its average volume of 7,419. Central Plains Bancshares has a 52-week low of $9.62 and a 52-week high of $15.00. The firm’s 50 day moving average is $14.20 and its 200 day moving average is $12.21.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Central Plains Bancshares stock. Geode Capital Management LLC lifted its stake in Central Plains Bancshares, Inc. (NASDAQ:CPBI) by 15.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,291 shares of the company’s stock after acquiring an additional 4,612 shares during the quarter. Geode Capital Management LLC owned approximately 0.83% of Central Plains Bancshares worth $431,000 as of its most recent filing with the Securities and Exchange Commission. 24.28% of the stock is owned by hedge funds and other institutional investors.

About Central Plains Bancshares

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.