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

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) was the target of a significant decrease in short interest during 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 volume of 20,372 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the company’s shares are short sold.

Analysts Set New Price Targets

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

Marathon Bancorp, Inc. /MD/ Price Performance

MBBC stock traded up $0.03 during mid-day trading on Tuesday, reaching $13.72. The company had a trading volume of 3,678 shares, compared to its average volume of 8,564. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.31 and a quick ratio of 1.31. The stock’s 50 day moving average is $14.03. The company has a market capitalization of $40.48 million, a P/E ratio of 36.11 and a beta of -0.03. Marathon Bancorp, Inc. /MD/ has a 52 week low of $9.90 and a 52 week high of $15.75.

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