Central Plains Bancshares, Inc. (NASDAQ:CPBI) Short Interest Update

Central Plains Bancshares, Inc. (NASDAQ:CPBI) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 5,773 shares, an increase of 61.1% from the December 15th total of 3,584 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 3,978 shares, the days-to-cover ratio is currently 1.5 days. Based on an average trading volume of 3,978 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.1% of the shares of the company are sold short.

Central Plains Bancshares Trading Up 0.3%

Shares of Central Plains Bancshares stock opened at $17.20 on Friday. Central Plains Bancshares has a 1-year low of $13.00 and a 1-year high of $17.20. The business has a 50-day moving average price of $16.50 and a two-hundred day moving average price of $15.97. The company has a market cap of $72.41 million, a P/E ratio of 17.73 and a beta of 0.13.

Central Plains Bancshares (NASDAQ:CPBI) last released its quarterly earnings data on Thursday, November 13th. The company reported $0.23 EPS for the quarter. The firm had revenue of $5.26 million during the quarter. Central Plains Bancshares had a return on equity of 4.39% and a net margin of 12.78%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Central Plains Bancshares in a research report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Institutional Investors Weigh In On Central Plains Bancshares

Several institutional investors have recently bought and sold shares of the stock. Graham Capital Wealth Management LLC bought a new position in Central Plains Bancshares during the 2nd quarter valued at $468,000. Mangrove Partners IM LLC grew its stake in shares of Central Plains Bancshares by 1.6% in the 3rd quarter. Mangrove Partners IM LLC now owns 159,854 shares of the company’s stock worth $2,606,000 after acquiring an additional 2,458 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Central Plains Bancshares by 2.1% in the third quarter. Vanguard Group Inc. now owns 164,483 shares of the company’s stock valued at $2,689,000 after purchasing an additional 3,314 shares during the last quarter. Institutional investors own 24.28% of the company’s stock.

About Central Plains Bancshares

Central Plains Bancshares, Inc is the bank holding company for Central Plains Bank, a community‐oriented financial institution headquartered in Council Grove, Kansas. Through its wholly owned subsidiary, the company offers a range of deposit and lending products designed to serve the needs of individuals, families, small businesses and agricultural customers in rural and small‐town markets across central and eastern Kansas.

The company’s core services include checking and savings accounts, certificates of deposit and money market accounts, complemented by consumer, commercial and agricultural loan portfolios.