Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) Sees Large Drop in Short Interest

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 3,415 shares, a decline of 43.6% from the May 14th total of 6,056 shares. Based on an average daily volume of 12,796 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

Key Stories Impacting Marathon Bancorp, Inc. /MD/

Here are the key news stories impacting Marathon Bancorp, Inc. /MD/ this week:

• Positive Sentiment: CEO Nicholas W. Zillges, COO Michelle Knopf, CAO Nora Spatz, and SVP Terry Cornish all bought shares between June 3 and June 10, signaling management confidence in the company’s outlook. Insider buying filing Insider buying filing Insider buying filing Insider buying filing
• Positive Sentiment: The buys were made in the mid-$13 to mid-$14 range, including multiple purchases at $13.75, $13.77, $14.24, $14.25, $14.50, and $14.75 per share, suggesting insiders see value around current trading levels.
• Neutral Sentiment: MarketBeat notes MBBC recently opened around $14.30 and remains close to its 50-day moving average of $14.11, while analyst coverage still reflects a Hold consensus, limiting near-term conviction.
• Neutral Sentiment: The company’s most recent quarterly results showed EPS of $0.18 on revenue of $2.30 million, which does not appear to be a fresh catalyst in the latest move.

Marathon Bancorp, Inc. /MD/ Trading Down 0.1%

Shares of MBBC stock opened at $14.29 on Friday. Marathon Bancorp, Inc. /MD/ has a 12-month low of $9.90 and a 12-month high of $15.75. 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 stock has a 50-day moving average price of $14.12. The company has a market capitalization of $42.16 million, a PE ratio of 37.61 and a beta of -0.03.

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. 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 for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised Marathon Bancorp, Inc. /MD/ from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Insider Activity

In other news, CAO Nora Spatz bought 1,904 shares of Marathon Bancorp, Inc. /MD/ stock in a transaction dated Tuesday, June 9th. The shares were purchased at an average cost of $14.50 per share, with a total value of $27,608.00. Following the completion of the acquisition, the chief accounting officer owned 38,918 shares of the company’s stock, valued at $564,311. This trade represents a 5.14% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders bought 7,325 shares of company stock valued at $105,108 over the last quarter. Insiders own 11.30% of the company’s stock.

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.