Short Interest in NSTS Bancorp, Inc. (NASDAQ:NSTS) Declines By 20.6%

NSTS Bancorp, Inc. (NASDAQ:NSTS) was the target of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 13,900 shares, a decrease of 20.6% from the January 31st total of 17,500 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 4,900 shares, the days-to-cover ratio is currently 2.8 days.

NSTS Bancorp Stock Up 0.7 %

NSTS traded up $0.09 during midday trading on Tuesday, reaching $12.31. The company had a trading volume of 1,487 shares, compared to its average volume of 4,052. The business has a 50-day moving average of $12.12 and a two-hundred day moving average of $11.20. The company has a market cap of $64.75 million, a P/E ratio of -13.68 and a beta of 0.05. NSTS Bancorp has a 1 year low of $9.35 and a 1 year high of $13.32.

Institutional Trading of NSTS Bancorp

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC boosted 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 period. Kovitz Investment Group Partners LLC bought a new stake in shares of NSTS Bancorp in the 3rd quarter valued at approximately $414,000. Northern Trust Corp lifted its stake in shares of NSTS Bancorp by 52.5% in the 4th quarter. Northern Trust Corp now owns 25,713 shares of the company’s stock valued at $303,000 after purchasing an additional 8,854 shares during the last quarter. Renaissance Technologies LLC bought a new stake in shares of NSTS Bancorp in the 4th quarter valued at approximately $170,000. Finally, M3F Inc. bought a new stake in shares of NSTS Bancorp in the 4th quarter valued at approximately $469,000. Hedge funds and other institutional investors own 23.70% of the company’s stock.

About NSTS Bancorp

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.