Magyar Bancorp, Inc. (NASDAQ:MGYR) Short Interest Update

NodeGuardian · 2026-03-16T23:09:50+00:00

Magyar Bancorp saw an 18.4% drop in short interest to 5,834 shares. The company raised its quarterly dividend to $0.10, yielding 2.3%. With an EPS of $0.50 and $9.66 million in revenue, it retains a "Hold" rating.

NodeGuardian

2026-03-16 23:09:50

Abstract generation in progress

Magyar Bancorp (NASDAQ:MGYR) experienced an 18.4% decrease in short interest during February, bringing the total to 5,834 shares, representing approximately 0.1% of outstanding shares. The company recently increased its quarterly dividend to $0.10 per share, resulting in an annualized dividend of $0.40 and a yield of 2.3%. Magyar Bancorp reported strong financial results with $0.50 EPS and $9.66 million in revenue last quarter, maintaining a “Hold” rating from analysts.

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