Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) Short Interest Update

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) was the recipient of a significant 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 daily trading volume, of 20,372 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings initiated coverage on Marathon Bancorp, Inc. /MD/ in a research note on Tuesday, March 17th. They issued a “hold (c)” rating on the stock. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

Marathon Bancorp, Inc. /MD/ Trading Up 0.2%

NASDAQ:MBBC opened at $13.72 on Wednesday. Marathon Bancorp, Inc. /MD/ has a 1-year low of $9.90 and a 1-year high of $15.75. The firm has a 50-day moving average of $14.03. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $40.49 million, a price-to-earnings ratio of 36.11 and a beta of -0.03.

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

About Marathon Bancorp, Inc. /MD/

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.