Central Plains Bancshares, Inc. (NASDAQ:CPBI) Sees Significant Decrease in Short Interest

Central Plains Bancshares, Inc. (NASDAQ:CPBI) was the target of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 17,100 shares, a drop of 17.8% from the February 13th total of 20,800 shares. Based on an average trading volume of 5,800 shares, the short-interest ratio is currently 2.9 days. Approximately 0.5% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its position 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 valued at $431,000 after purchasing an additional 4,612 shares during the period. Farmers & Merchants Investments Inc. bought a new stake in shares of Central Plains Bancshares during the 4th quarter valued at $27,000. Renaissance Technologies LLC raised its position in shares of Central Plains Bancshares by 27.5% during the 4th quarter. Renaissance Technologies LLC now owns 22,600 shares of the company’s stock valued at $338,000 after purchasing an additional 4,879 shares during the period. Finally, Stilwell Value LLC raised its position in shares of Central Plains Bancshares by 1,436.5% during the 4th quarter. Stilwell Value LLC now owns 307,301 shares of the company’s stock valued at $4,597,000 after purchasing an additional 287,301 shares during the period. 24.28% of the stock is currently owned by institutional investors.

Central Plains Bancshares Stock Up 0.3 %

CPBI traded up $0.05 during trading on Wednesday, hitting $14.80. The company’s stock had a trading volume of 1,546 shares, compared to its average volume of 5,437. Central Plains Bancshares has a one year low of $9.96 and a one year high of $15.50. The business’s 50 day simple moving average is $14.72 and its 200-day simple moving average is $14.05.

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

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.