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

Posted by Doug Madison on Jan 20th, 2025

Central Plains Bancshares, Inc. (NASDAQ:CPBI – Get Free Report) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 20,400 shares, a drop of 12.8% from the December 15th total of 23,400 shares. Based on an average daily volume of 9,400 shares, the short-interest ratio is currently 2.2 days. Currently, 0.6% of the shares of the stock are short sold.

Central Plains Bancshares Price Performance

CPBI stock traded down $0.08 during mid-day trading on Friday, hitting $14.50. The stock had a trading volume of 3,181 shares, compared to its average volume of 5,670. The firm has a fifty day simple moving average of $14.60 and a 200 day simple moving average of $12.99. Central Plains Bancshares has a 52 week low of $9.91 and a 52 week high of $15.50.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Central Plains Bancshares stock. Geode Capital Management LLC grew its holdings in Central Plains Bancshares, Inc. (NASDAQ:CPBI – Free Report) by 15.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 34,291 shares of the company’s stock after purchasing 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 SEC filing. 24.28% of the stock is owned by institutional investors.

Central Plains Bancshares Company Profile

(Get Free Report)

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.