Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) Short Interest Down 52.1% in May

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 6,056 shares, a decrease of 52.1% from the April 30th total of 12,640 shares. Based on an average trading volume of 20,372 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the company’s shares are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings started coverage on shares of Marathon Bancorp, Inc. /MD/ in a research report on Tuesday, March 17th. They set a “hold (c)” rating for the company. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

Marathon Bancorp, Inc. /MD/ Trading Down 1.1%

NASDAQ MBBC traded down $0.15 on Monday, hitting $13.69. 1,452 shares of the company were exchanged, compared to its average volume of 8,624. The stock has a market capitalization of $40.39 million, a P/E ratio of 36.03 and a beta of -0.03. Marathon Bancorp, Inc. /MD/ has a 12 month low of $9.90 and a 12 month high of $15.75. The stock’s fifty day moving average is $14.03. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.31 and a current ratio of 1.31.

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) last issued its earnings results on Wednesday, May 13th. The company reported $0.18 earnings per share (EPS) for the quarter. The business had revenue of $2.30 million for the quarter. Marathon Bancorp, Inc. /MD/ had a net margin of 9.01% and a return on equity of 2.36%.

Marathon Bancorp, Inc. /MD/ Company Profile

Marathon Bancorp, Inc (NASDAQ: MBBC) is a bank holding company that operates through its banking subsidiary to provide a range of commercial and retail banking services. Its core business centers on deposit-taking and lending activities for individual and business customers, with an emphasis on relationship-driven community banking. The company’s banking operations typically include checking and savings accounts, certificates of deposit, and other consumer deposit products.

On the lending side, Marathon Bancorp’s subsidiary offers commercial loans, real estate and mortgage lending, and consumer loans, along with cash management and payment services for small and mid-sized businesses.