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

Central Plains Bancshares, Inc. (NASDAQ:CPBI) saw a significant drop in short interest during 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. Approximately 0.7% of the shares of the company are sold short. Based on an average daily trading volume, of 10,600 shares, the days-to-cover ratio is presently 2.2 days.

Central Plains Bancshares Trading Down 0.6 %

Shares of NASDAQ:CPBI traded down $0.09 during mid-day trading on Friday, reaching $14.61. 1,846 shares of the company traded hands, compared to its average volume of 7,472. The company’s 50 day moving average price is $14.18 and its 200-day moving average price is $12.16. Central Plains Bancshares has a 52 week low of $9.60 and a 52 week high of $15.00.

Institutional Trading of Central Plains Bancshares

A hedge fund recently raised its stake in Central Plains Bancshares stock. Geode Capital Management LLC grew its holdings in Central Plains Bancshares, Inc. (NASDAQ:CPBI) by 15.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,291 shares of the company’s stock after buying an additional 4,612 shares during the period. Geode Capital Management LLC owned approximately 0.83% of Central Plains Bancshares worth $431,000 as of its most recent filing with the Securities & Exchange Commission. 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.