Central Plains Bancshares, Inc. (NASDAQ:CPBI) Sees Large Increase in Short Interest

Central Plains Bancshares, Inc. (NASDAQ:CPBI) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 14,000 shares, an increase of 94.4% from the June 30th total of 7,200 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 4,500 shares, the days-to-cover ratio is presently 3.1 days.

Central Plains Bancshares Stock Up 1.2 %

Shares of CPBI traded up $0.13 during trading hours on Friday, hitting $11.36. The stock had a trading volume of 4,598 shares, compared to its average volume of 7,533. The company’s fifty day moving average is $10.25 and its two-hundred day moving average is $10.23. Central Plains Bancshares has a 52 week low of $8.20 and a 52 week high of $12.20.

Institutional Investors Weigh In On Central Plains Bancshares

Several large investors have recently made changes to their positions in the company. Stilwell Value LLC bought a new stake in Central Plains Bancshares during the 4th quarter worth about $204,000. Flagstone Financial Management bought a new stake in Central Plains Bancshares during the 4th quarter worth about $413,000. Finally, Oppenheimer & Close LLC bought a new stake in Central Plains Bancshares during the 4th quarter worth about $1,785,000. Institutional investors own 24.28% of the company’s stock.

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.