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

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

Central Plains Bancshares Price Performance

Shares of CPBI stock traded down $0.21 during midday trading on Tuesday, reaching $14.19. 1,325 shares of the company traded hands, compared to its average volume of 7,419. Central Plains Bancshares has a 1-year low of $9.62 and a 1-year high of $15.00. The firm’s 50 day simple moving average is $14.20 and its two-hundred day simple moving average is $12.21.

Institutional Investors Weigh In On Central Plains Bancshares

An institutional investor recently raised its position in Central Plains Bancshares stock. Geode Capital Management LLC raised its position in Central Plains Bancshares, Inc. (NASDAQ:CPBI) by 15.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,291 shares of the company’s stock after acquiring an additional 4,612 shares during the quarter. Geode Capital Management LLC owned 0.83% of Central Plains Bancshares worth $431,000 at the end of the most recent quarter. Institutional investors own 24.28% of the company’s stock.

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.