MasterBrand, Inc. (NYSE:MBC) Short Interest Down 48.4% in June

MasterBrand, Inc. (NYSE:MBC) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 16,223,917 shares, a drop of 48.4% from the May 31st total of 31,466,301 shares. Currently, 12.9% of the shares of the stock are sold short. Based on an average trading volume of 4,013,406 shares, the short-interest ratio is presently 4.0 days.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised MasterBrand from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 20th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Insider Transactions at MasterBrand

In other MasterBrand news, CFO Andrea Helen Simon purchased 5,000 shares of the business’s stock in a transaction on Thursday, June 4th. The stock was purchased at an average price of $8.56 per share, for a total transaction of $42,800.00. Following the completion of the purchase, the chief financial officer directly owned 497,341 shares in the company, valued at approximately $4,257,238.96. This trade represents a 1.02% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO R David Banyard bought 60,000 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was bought at an average cost of $8.43 per share, with a total value of $505,800.00. Following the completion of the acquisition, the chief executive officer owned 1,831,788 shares in the company, valued at $15,441,972.84. This represents a 3.39% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders have acquired 81,587 shares of company stock valued at $696,347. Corporate insiders own 2.04% of the company’s stock.

Hedge Funds Weigh In On MasterBrand

A number of hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada lifted its stake in MasterBrand by 12.8% during the 1st quarter. Royal Bank of Canada now owns 55,615 shares of the company’s stock valued at $726,000 after acquiring an additional 6,298 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in MasterBrand by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 75,362 shares of the company’s stock valued at $984,000 after buying an additional 3,292 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of MasterBrand by 4.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,517,294 shares of the company’s stock valued at $19,816,000 after acquiring an additional 59,879 shares in the last quarter. Jane Street Group LLC increased its position in shares of MasterBrand by 10.7% during the first quarter. Jane Street Group LLC now owns 357,305 shares of the company’s stock valued at $4,666,000 after acquiring an additional 34,422 shares during the last quarter. Finally, Intech Investment Management LLC increased its position in shares of MasterBrand by 71.1% during the 1st quarter. Intech Investment Management LLC now owns 119,325 shares of the company’s stock valued at $1,558,000 after purchasing an additional 49,578 shares during the last quarter. Institutional investors and hedge funds own 87.32% of the company’s stock.

MasterBrand Stock Performance

NYSE MBC traded down $0.11 during trading on Thursday, reaching $9.87. The company’s stock had a trading volume of 1,967,628 shares, compared to its average volume of 2,792,735. The company has a current ratio of 2.08, a quick ratio of 1.31 and a debt-to-equity ratio of 0.82. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of -493.45 and a beta of 1.37. MasterBrand has a 12 month low of $6.61 and a 12 month high of $14.22. The firm has a 50 day moving average price of $8.56 and a 200 day moving average price of $9.86.

MasterBrand (NYSE:MBC) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.10. MasterBrand had a positive return on equity of 7.35% and a negative net margin of 0.07%.The company had revenue of $618.00 million during the quarter, compared to the consensus estimate of $591.35 million. During the same quarter in the prior year, the firm posted $0.18 earnings per share. The firm’s revenue was down 6.4% compared to the same quarter last year. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.

MasterBrand Company Profile

MasterBrand Inc is one of the largest manufacturers of cabinetry and home storage solutions in North America. The company specializes in designing, producing and distributing kitchen and bath cabinetry for both new construction and the remodeling markets. Its offerings span a broad spectrum of styles and price points, serving homebuilders, home improvement retailers and independent dealers.

MasterBrand’s product portfolio includes framed and frameless cabinet lines, bath vanities, closet systems and other organizational accessories.