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

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) saw 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 trading volume of 12,796 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are sold short.

Marathon Bancorp, Inc. /MD/ Price Performance

Shares of NASDAQ:MBBC opened at $14.29 on Friday. Marathon Bancorp, Inc. /MD/ has a 1 year low of $9.90 and a 1 year high of $15.75. The company’s 50 day simple moving average is $14.12. The stock has a market capitalization of $42.16 million, a price-to-earnings ratio of 37.61 and a beta of -0.03. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.50.

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) last announced 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 business had revenue of $2.30 million during the quarter.

Insiders Place Their Bets

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

Marathon Bancorp, Inc. /MD/ News Roundup

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.

Analysts Set New Price Targets

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

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.